Over 60 "wrench" attack incidents targeting cryptocurrency holders are expected in 2025

robot
Abstract generation in progress

PANews January 2 News, according to The Block, crypto analytics firm TRM Labs’ Head of Global Policy and Government Affairs Ari Redbord stated that 2025 is a record-breaking year for “wrench” attacks, with approximately 60 physical attacks targeting cryptocurrency holders. Ari Redbord added, “The actual number could be much higher. Many cases are only recorded as robberies or burglaries, overlooking the cryptocurrency aspect; some cases are never reported due to victims’ hesitation or uncertainty about how law enforcement will handle crimes related to cryptocurrencies. In comparison, about 41 wrench attack incidents were recorded in 2024, and about 36 in 2021.”

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt