Crypto Exec Warns About Rising Tide of Wrench Attacks

Crypto Exec Warns About Rising Tide of Wrench Attacks
Crypto Exec Warns About Rising Tide of Wrench Attacks

ALNA VRANOVA, the founder of Satoshilabs, warned of the increase in the attacks of the bonding key, physical attacks and kidnapping that was carried out against Bitcoin (BTC) and encryption holders in an attempt to steal their own keys.

“Every week, there is a Betkonner currency, at least one in the world, which is kidnapped, tortured, extorted and sometimes worse,” Vranova He said The audience at the Baltic Honeybadger 2025 conference in Riga, Latvia.

She warned that small encryption investors could be on the radar of violent criminals looking for a goal. She added:

“What seems to be a problem only for Bitcoin Ogs is not really the case. We have seen cases of kidnappings for less than $ 6000 of encryption, and we saw people killing for $ 50,000 in encryption.”

Vranova on stage at Baltic Honeybadger 2025 Conference. Source: Baltic Honeybadger

The rise in articulated attacks against encryption holders is a worrying trend, as material attacks against Bitcoiners in 2025 are the right track to double the worst year ever, leading to anti -safety measures from investors, developers and executives in the industry.

Related to: The connection key attacks pushes encryption investors to the Central Guard

Central data leakage amplifies the threat of the attack on pain

Data leakage from central encryption exchange, which collects sensitive user information under KNOW-Customer (KYC) requirements, and other central program providers who collect customer data, allow violent criminals to target encryption holders and their families.

“We currently have more than 80 million bitcoiner and Crypto user identities online; 2.2 million of those that contain home addresses,” said Fitranova.

She added that these attacks are linked to bitcoin prices, and the attacks are rising during the bull markets.

Electronic crimes, crimes, cyber security
The relationship between BTC price and fastening key attacks. source: Gang

In May, Crypto Excination Coinbase revealed a violation of data that leaked a small group of Coinbase customers, which included home addresses and other identification information.

In June, a a report From CyberNews, databases containing more than 16 billion approved login approved to a leaked user from platforms such as Apple, Facebook and Google.

The password leakage negatively affects encryption holders, who will now be subject to an increase in fishing, social engineering, piracy, identity theft and other types of targeted frauds designed to steal user and money data.

magazine: Bitcoiner Sex Trap blackmail? BLOCKCHAIN disaster for BTS: Asia Express

The post Crypto Exec Warns About Rising Tide of Wrench Attacks first appeared on Investorempires.com.