At least 1 Bitcoiner gets kidnapped every week — Crypto exec
7 Articles
7 Articles
Bitcoin Exec Sounds Alarm On Rising Violent Attacks In 2025
A rise in violent crimes aimed at Bitcoin owners is drawing fresh alarm from security experts and industry groups. According to speakers at the Baltic Honeybadger 2025 conference in Riga, Latvia, criminals are increasingly using stolen personal data plus on-chain analysis to find and attack people who hold Bitcoin and other digital assets. The attacks—often called “wrench attacks”—can include kidnapping, physical assault, and extortion to force …
Crypto Exec Warns About Rising Tide of Wrench Attacks – #CryptoUpdatesGNIT
Alena Vranova, founder of SatoshiLabs, warned of the increase in wrench attacks, physical assaults and abductions carried out against Bitcoin (BTC) and crypto holders in an attempt to steal their private keys. “Every week, there is a Bitcoiner, at least one in the world, who gets kidnapped, tortured, extorted, and sometimes even worse,” Vranova told the audience at the Baltic Honeybadger 2025 conference in Riga, Latvia. She warned that even smal…
Bitcoin exec warns violent wrench attacks on crypto holders have increased alarmingly in 2025
Violent attacks targeting cryptocurrency holders are climbing at an alarming rate in 2025. Alena Vranova, founder of hardware wallet maker SatoshiLabs, sounded the alarm at the Baltic Honeybadger 2025 conference in Riga, Latvia. She told the audience that these crimes—known as “wrench attacks”—involve kidnappings, physical assaults, and extortion, all aimed at forcing victims to hand over their private keys. Vranova said that every week, at leas…
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