There has been a rise in wrench attacks targeting crypto holders, involving physical violence to extract wallet details.
Hackers are shifting from online breaches to real-life violence, threatening and assaulting victims for their crypto assets.
A wrench attack entails using violence to coerce victims into providing access to their crypto wallets or accounts.
Recent incidents include a man in New York being kidnapped and tortured for his Bitcoin password, highlighting the concerning trend of physical attacks in the crypto space.