A recent report from blockchain security firm CertiK highlights a troubling trend in the cryptocurrency space, as violent 'crypto wrench' attacks have surged dramatically in 2025. The study highlights an alarming trend: these incidents, which involve coercive tactics to extract digital assets from investors, have raised significant concerns among the crypto community.
Surge in Crypto Wrench Attacks
According to CertiK, there were 72 confirmed cases of crypto wrench attacks globally, marking a staggering 75% increase compared to previous years. Europe has been particularly affected, accounting for 40% of these incidents. France alone reported 19 cases, a figure that is anticipated to rise following a recent home invasion involving a Binance executive.
Financial Impact of Attacks
The financial repercussions of these attacks are substantial, with the total impact estimated at approximately $409 million. As the cryptocurrency market continues to grow, the rise in such violent tactics poses a serious threat to investors, prompting calls for enhanced security measures and awareness within the community.
In contrast to the alarming rise in violent crypto attacks reported recently, a prior analysis revealed that Australia leads the world in per capita interest in cryptocurrency. For more details, see Australia's Crypto Interest.
