Gunmen steal 85,800 USD in Trinidad crypto ambush as attacks on holders rise

On November 29, 2025, a Trinidad man was ambushed by gunmen and lost 85,800 USD in cash during a cryptocurrency transaction in a parking lot. The attackers took the cash and phones before fleeing.

This incident reflects a rising trend of violent attacks against cryptocurrency holders, with reports indicating about one such ‘wrench attack’ occurring per week worldwide, replacing digital theft with physical confrontation.

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