Physical attacks on crypto owners: number of home invasions skyrockets to 20 cases
Analysts at CertiK have summarized alarming results for the first half of the year: the number of so-called wrench attacks — physical assaults aimed at forcibly seizing crypto assets — increased by 33% compared to the same period last year. A total of 52 incidents were recorded, with the most concerning trend being a sharp rise in intrusions directly into victims' homes. While such cases were previously rare, their number has now reached 20, indicating a qualitative shift in attackers' tactics.
The total damage from all registered wrench attacks is estimated at $124.1 million. These are not just numbers — behind each case lies a real threat to the lives and health of people targeted because of their crypto assets. Geographically, France proved to be the most dangerous region, accounting for 33 of the 52 attacks. This may be linked to both a high concentration of the crypto community in the country and insufficient awareness among asset owners about methods of protecting personal information.
Why are wrench attacks becoming widespread?
The increase in physical attacks directly correlates with the growing amount of public information about crypto wealth. Social media, forums, and sometimes careless comments in public chats all become fodder for criminals. Home invasions are the most dangerous scenario, as the victim finds themselves in an isolated space with no way to call for help. Attackers are increasingly following a proven scheme: first, they gather data on targets through OSINT (open-source intelligence), then they carry out a physical attack at a moment when the victim is most vulnerable.
The sum of $124.1 million is just the tip of the iceberg. Many cases remain undocumented because victims either fear publicity or do not contact law enforcement. Moreover, the very nature of crypto assets makes such crimes particularly attractive to criminals: transactions are irreversible, and anonymity allows for quick fund withdrawal through mixers or decentralized exchanges.
Expert comment from Cryptalist: The rise in home invasions is a warning signal for the entire crypto community. Owners of large sums should reconsider their habits: avoid publishing information about their assets, use multi-signature wallets, and, if possible, store a significant portion of funds in cold storage, to which physical access cannot be forcibly obtained. Security begins with privacy.