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‘Wrench attacks’ leave crypto billionaires living in fear

‘Wrench attacks’ leave crypto billionaires living in fear

The UK is also the third-worst country for physical crypto thefts, accounting for 24 in total.

Last week, Hertfordshire police announced that four men had been sentenced for between three and six years for the kidnap and false imprisonment of a 36-year-old man from London. A fifth man was sentenced on money laundering charges.

According to police, the man was followed home by four men after a night out. He awoke beaten and with no memory of the night before, with £10,000 drained from his accounts.

The police were alerted after Coinbase, the digital crypto exchange, noticed unusual activity using the funds.

Unsurprisingly, crypto influencers are uncomfortable discussing the disturbing trend. “It’s…

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