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Physical attacks targeting crypto holders are escalating, with incidents becoming increasingly violent across Europe and Asia. These so-called wrench attacks—where criminals use threats or force to coerce wallet access—are a real concern for anyone holding substantial assets.
The best defense? Keep a low profile. Don't broadcast your holdings. Avoid the usual mistakes that make you a target: flexing on social media, discussing specific portfolio amounts, or displaying expensive hardware in public.
Second layer of protection: use multisig wallets. Require multiple signatures for transactions. One compromised key isn't game over. Cold storage solutions work too—keeping your assets offline means there's nothing immediate for criminals to steal, even under duress.
Stay vigilant. The crypto space rewards those who think like operators, not just traders.