Crypto Billionaire Bit Off Attacker’s Finger in Attempted Kidnapping: Report
Billionaire Australian crypto entrepreneur Tim Heath survived an attempted kidnapping outside his apartment, where attackers posing as painters ambushed him. During the struggle, Heath bit off part of one assailant's finger, leading to DNA evidence linking the attackers to the crime. The incident involved extensive planning, including GPS tracking and burner phones. Heath has filed a civil claim for over €3.2 million ($3.77 million) in damages, primarily for security expenses. This case highlights a rise in "wrench attacks" against crypto holders, where physical threats bypass digital security. Recent incidents include the abduction of Ledger co-founder David Balland and other attacks in France and New York City. The FATF Travel Rule, requiring crypto exchanges to disclose customer identities, raises concerns about privacy and safety, potentially exposing individuals to targeting. Experts warn that without privacy-preserving measures, regulatory compliance could conflict with human rights, making crypto holders vulnerable to crime.
