A recent report from blockchain security auditor CertiK reveals a troubling surge in wrench attacks against cryptocurrency users, highlighting a growing trend of violence in the crypto space. The publication provides the following information: with 72 verified incidents reported globally in 2025, the situation has escalated alarmingly compared to previous years.
Surge in Cryptocurrency-Related Crimes
The report indicates a staggering 75% increase in physical assaults and kidnappings related to cryptocurrency, with total confirmed losses amounting to $409 million. However, experts suggest that the actual losses could be significantly higher due to underreporting of such incidents.
France: The Epicenter of Attacks
France has emerged as the epicenter of these attacks, recording the highest number of cases with 19 confirmed incidents. This alarming trend is prompting crypto founders and high-net-worth individuals to prioritize their safety by seeking operational anonymity and considering relocation to safer regions.
Need for Enhanced Security Measures
As the crypto landscape continues to evolve, the need for enhanced security measures has never been more critical.
The recent surge in cryptocurrency-related crimes, including wrench attacks, highlights the urgent need for security awareness among users. A significant phishing attack targeting Trezor users has already resulted in massive losses, as detailed in this report.
