Crypto-Related Abductions Are on the Rise Globally
Cryptocurrency is one of the leading drivers of cybercrime, but a new report from the Wall Street Journal indicates it is increasingly becoming the target of crime in the real world, too. As more whales and major holders of cryptocurrencies shift their assets to cold wallets that can’t be accessed online, they are becoming targets or real-life thefts, abductions, and robberies.
According to the Journal, there have been dozens of “wrench attacks”—or assaults that use simple tools to inflict pain and coerce victims—reported to governments around the world in the past year that saw victims targeted for their cryptocurrency holdings, including at least five in France alone in the last…
