Forget a simple mugging - report claims physical attacks on major crypto holders is on the rise as 'Whales' are targeted for kidnapping
A recent report indicates that physical attacks on cryptocurrency 'Whales' are increasing, with a 75% rise in such incidents reported in 2025. These attacks, often referred to as crypto wrench attacks, are driven by the visibility of crypto holdings and the lavish lifestyles of some investors. In response, many in the crypto community are enhancing their security measures to protect against these rising threats.
- ▪There has been a 75% increase in recorded physical attacks against cryptocurrency holders year-on-year in 2025.
- ▪Crypto executives and whales are being targeted by a mix of criminal elements worldwide.
- ▪Security protocols are being strengthened, including the use of bodyguards and pre-emptive measures.
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Pro Security Forget a simple mugging - report claims physical attacks on major crypto holders is on the rise as 'Whales' are targeted for kidnapping News By Rahim Amir published 30 May 2026 Kidnapping is now a rising threat for crypto 'Whales' When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. A render of some of the most popular cryptocurrencies currently being traded online. (Image credit: Shutterstock) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter The same public ledger that enables transparency in crypto often acts as a double-edged sword for some of its whales, who are identified…
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