Crypto Wrench Attacks Jump 41% in 2026 as Losses Top $100 Million
From financefeeds.com
Crypto-related wrench attacks are rising sharply in 2026, with victims losing about $101 million in the first 4 months of the year, according to CertiK. The firm said it has verified 34 incidents globally so far this year, a 41% increase from the same period in 2025. Wrench attacks refer to physical assaults, kidnappings, and extortion attempts designed to force victims to transfer crypto assets. The threat has become harder to contain because physical coercion can bypass even strong software security, including hardware wallets, multi-factor authentication, and custody controls. CertiK said 2025 was the most active ...
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