According to CertiK, crypto wrench attacks—physical assaults and extortion targeting cryptocurrency holders—have resulted in approximately $101 million in losses during the first four months of 2026. The firm verified 34 incidents globally, representing a 41% increase compared to the same period in 2025. If the trend continues, losses could reach several hundred million dollars for the full year.
Europe accounts for 82% of verified attacks, with France recording 24 incidents. Notably, more than half of 2026 incidents involved family members of primary targets—spouses, children, or elderly parents—either as direct victims or as pressure levers for extortion.
Related News
Revolut app chart malfunction triggers user confusion as Bitcoin price briefly “crashes”
BlockSec releases a stablecoin freeze risk white paper: 30 days of freezing over 960 addresses
California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries