Violent 'wrench attacks' on crypto holders are surging, CertiK reports

Violent incidents targeting cryptocurrency holders, known as wrench attacks, are on the rise, according to Web3 security firm CertiK. The Block reported that 34 confirmed wrench attack cases have occurred globally in 2026, a 41% increase from the same period in 2025, with damages totaling approximately $101 million. If this trend continues, losses for 2026 are expected to reach hundreds of millions of dollars. Of the 34 reported attacks, 28 (82%) took place in Europe. CertiK noted that the incidence of these attacks is particularly high in Europe, especially France, attributing it to factors like a deeply rooted culture of ostentation and voluntary self-disclosure within the community. The firm also pointed out a recent increase in cases where family members of primary targets, such as spouses, children, or parents, are directly victimized or used as a means of pressure.