Russian Tourist Kidnapped in Bali, Extorted for $4.9M in Crypto
Physical wrench attacks on crypto holders in Southeast Asia keep recurring, and each one reminds holders that on-chain security does nothing if the keys can be pried out of a person.
Every Zipp story tagged #WrenchAttack, newest first.
Physical wrench attacks on crypto holders in Southeast Asia keep recurring, and each one reminds holders that on-chain security does nothing if the keys can be pried out of a person.
French Interior Minister Nuñez reported a sharp year-on-year jump from 45 cases in 2025, with around 200 arrests so far as emergency security measures for crypto figures begin to bite.
The Garcia brothers held a Minnesota family at gunpoint for over eight hours to steal more than $8M in crypto — now they face up to 20 years each and full restitution.
A US criminal case built around a Bitcoin-funded Lamborghini has put physical attacks on crypto holders back in the courtroom, as cumulative losses from wrench attacks top $100M this year.
The advice from Joe Nakamoto frames wrench attacks as a real-world endorsement of Bitcoin's value — and a direct rebuttal to ECB chief Christine Lagarde's 'no intrinsic value' line.
Coinbase's $8.7M security tab for Brian Armstrong and Gemini's $400K monthly Winklevoss protection deal show how the physical-safety premium on crypto leadership is now a line item.
A federal grand jury hit the alleged crew with robbery and weapons charges spanning multiple California cities — the third indictment this year tying a coordinated crew to seven-figure crypto heists.
Binance is rolling out a withdrawal lock — a setting that lets users freeze outgoing transfers without disabling their…