Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M

CoinTelegraph13h agoUpdated 12h ago
Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M
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Europe faces surging crypto wrench attacks—physical theft targeting cryptocurrency holders—with $101 million lost in four months of 2026. France dominates incidents due to concentrated crypto talent and data leaks. Criminal gangs exploit leaked personal information for targeted home invasions and kidnappings. CertiK projects year-end losses could reach hundreds of millions if trends continue, signaling a dangerous shift from protocol hacking to human-targeted violence.

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