Wrench Attacks Against Crypto Investors Could Break 2021 Record

Bitcoin “wrench attacks” — a violent form of cryptocurrency theft — could see its worst year in 2025, with criminals spurred on by Bitcoin’s soaring market value, according to Chainalysis.

“Wrench attacks” refer to a situation where physical force or intimidation is used to force a victim to give up their crypto holdings, and Chainalysis said that with 35 attacks already recorded as of July, the numbers are on track to “have potentially twice as many physical attacks as the next highest year on record.” 

The last bull market peak in…