UK trader claims being held at knifepoint in almost $800,000 'wrench attack'
Summary
A U.K. crypto trader says armed intruders held him at knifepoint and forced him to transfer about $760,000 in assets from hot and Ledger wallets. He shared a Solana wallet address, but police or other authorities have not confirmed the incident. The alleged robbery highlights “wrench attacks,” in which criminals use physical threats to seize crypto. Chainalysis estimates more than $30 million was stolen in violent crypto attacks in the first half of 2026, while Certik recorded 52 verified attacks worldwide, including 33 in France. The rise in such cases underscores that wallet security cannot prevent coercion; limiting public exposure of crypto holdings may reduce risk, but cannot eliminate it.
