Violent crypto robberies on the rise: Six attacks that targeted investors
Cryptocurrency-related violence is increasing, with 22 recorded "wrench" attacks on crypto holders in 2025. Criminals use violent methods to steal from high-profile individuals. Recent incidents include the kidnapping of Ledger founder David Balland and his wife for ransom, with police rescuing them after a portion of the ransom was paid. A Korean Bitcoin trader was abducted during a car sale but escaped without losing his crypto. Streamer Kaitlyn Siragusa shot at armed assailants attempting to rob her of $20 million in crypto. A Spanish businessman was kidnapped and demanded $50 million in crypto but escaped. The daughter of Paymium's CEO fought off attackers in Paris, and the father of a crypto entrepreneur was mutilated for ransom. Authorities are increasingly concerned about personal security for crypto holders, prompting meetings with industry professionals to address rising violence.
