Why ‘Wrench Attacks’ Are Becoming More Common and How to Stay Safe
More crypto investors are learning that the biggest threat to their digital wealth isn’t necessarily a hacker behind a screen, but could be someone at their front door. “Wrench attacks” are on the rise, targeting those who hold or flaunt significant crypto assets.
Unlike cyber theft, these attacks use physical force or intimidation to coerce victims into handing over their private keys or transferring funds on the spot. As crypto wealth becomes more visible and accessible, understanding this threat and how to protect yourself has never been more urgent.
Key Takeaways
- “Wrench attacks” involve physical threats or violence to force crypto holders to surrender their assets.
- Real-world cases show that even top industry figures are…