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World 'Wrench attacks' subject some cryptocurrency holders to violence, kidnapping 2 men arrested recently in NYC case, while officials in France consider security for wealthy crypto holders ...

News Why 'wrench attacks' on wealthy crypto holders are on the rise By ALAN SUDERMAN May 28, 2025 at 3:49 pm EDT + Caption ...

Wrench attacks are on the rise thanks in part to cryptocurrency’s move into mainstream finance, Phil Ariss of the crypto tracing firm TRM Labs said in a recent blog post.

Why ‘wrench attacks’ on wealthy crypto holders are on the rise by: ALAN SUDERMAN, Associated Press Posted: May 28, 2025 / 02:49 PM CDT Updated: May 28, 2025 / 02:50 PM CDT ...

Wrench attacks are on the rise thanks in part to cryptocurrency’s move into mainstream finance, Phil Ariss of the crypto tracing firm TRM Labs said in a recent blog post.

But they can’t defeat thieves who force a victim to give up their password to access their wallets and move money. The case in New York is the latest in a string of high-profile wrench attacks.