2025 Was the Most Violent Period for Crypto-Related Crime, CertiK Reports
Summary
Blockchain security firm CertiK reported that 2025 was the most violent year in cryptocurrency history, marked by a 75% year-over-year increase in wrench attacks, rising to 72 verified incidents globally from 41 in 2024. Wrench attacks, which involve physical force or threats to coerce private keys, have shifted from an edge case to a structural threat. Total losses from these coercion cases grew by 44% to over $40.9 million in 2025. Europe emerged as the epicenter, accounting for over 40% of global incidents, with France leading with 19 cases. Kidnapping remained the most common tactic, increasing 66%, while physical assaults surged 250%. CertiK warns that attackers are targeting individuals with modest holdings, not just whales, and that the psychological fallout is driving high-net-worth individuals into hiding. To mitigate risks, the firm recommends minimizing public exposure, using decoy wallets, separating recovery materials, and implementing strict security protocols for both individuals and institutions, including training for family members.
(Source:BeInCrypto)