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Crypto Wrench Attacks Result in $101M Losses in First Four Months of 2026, Up 41% Year-Over-Year

GateNews

2026-05-10 19:25:08

According to CertiK, crypto wrench attacks resulted in approximately $101 million in losses during the first four months of 2026, with 34 verified incidents globally reported—a 41% increase compared to the same period in 2025. If the trend continues, the firm estimates several hundred million dollars in losses for the full year.

Eighty-two percent of incidents occurred in Europe, with France accounting for 24 assaults. Notably, attackers are increasingly targeting family members of primary victims, with more than half of 2026 incidents involving a spouse, child, or elderly parent either as a direct victim or as leverage.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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