Bitcoin ‘wrench attacks’ on track to double its worst year

The number of reported ‘wrench attacks’ against Bitcoin holders has surged to 35 in the first half of 2025, almost doubling the previous highest figure of 36 set in 2021. This increase is linked to Bitcoin’s rising market value.

The rise in violent crimes against Bitcoin holders is attributed to factors such as perceived anonymity and wealth visibility. Recommendations to mitigate these incidents include enhanced law enforcement and utilizing structured market products like exchange-traded funds.

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