The Rise of Wrench Attacks in Crypto: A Disturbing Shift to Physical Violence
Cryptocurrency holders face a new threat as wrench attacks—physical assaults to extort wallet access—surge across the industry. Security officials urge vigilance amid this alarming trend.
The crypto landscape, no stranger to digital exploits like phishing and social engineering, now confronts a brutal evolution: hackers trading online subterfuge for real-world violence. Victims are tracked, kidnapped, and tortured to relinquish their assets.
Wrench attacks epitomize this grim pivot. Perpetrators use intimidation and brute force to coerce wallet credentials, marking a stark departure from traditional cybercrime. The method underscores the darkening risks of crypto ownership.