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Crypto ‘Wrench Attacks’ Hit Record in 2025 With $41 Million in Losses

CertiK says stronger wallet security is pushing criminals to coerce keyholders in person.

Overview

  • The report verified 72 incidents worldwide in 2025, a 75% year-over-year increase.
  • Europe accounted for over 40% of cases, with France logging 19 attacks and the United States eight.
  • Kidnapping was the most common tactic as physical assaults rose 250%, spanning home invasions, family intimidation, and honey-pot lures.
  • CertiK links the surge to organized crime groups operating in countries such as France, Spain, and Sweden, while warning that incidents are underreported.
  • Responses range from decoy wallets, seed–hardware separation, and multi-signature time locks to early insurance offerings that include coverage from Lloyd’s of London.