Crypto ‘wrench attacks’ on the rise, with victims’ family members increasingly at risk: CertiK
Summary
Crypto security firm CertiK reports a significant rise in crypto 'wrench attacks,' a form of physical assault and extortion, with an estimated $101 million lost in the first four months of 2026. These attacks, which bypass software security, have become an established threat to cryptocurrency holders. While 2025 saw a record number of reported physical assaults, the trend is continuing, with 34 verified incidents globally in early 2026, a 41% increase from the same period in 2025. Europe, particularly France, is heavily impacted, accounting for 82% of these attacks. Factors contributing to this include the presence of major crypto companies, data leaks, and a culture of publicizing wealth. Attackers are increasingly targeting family members of primary victims, using data brokers to gather personal information and employing tactics like impersonating delivery personnel or law enforcement.
(Source:The Block)