Crypto-related 'wrench attacks' surge 75%, causing over $40M in losses

Crimes targeting virtual asset holders are increasingly escalating to physical violence, Coindesk reported, citing a study by CertiK. According to the report, there were 72 so-called "wrench attacks" worldwide last year, a 75% increase from the previous year. These attacks, in which criminals use violence to steal private keys, were particularly prevalent in Europe. France recorded 19 such incidents, double the number seen in the U.S., with total financial losses from these crimes surpassing $40 million.