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Author Topic: Are Wrench attacks the result of adoption?  (Read 268 times)
Ambatman
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March 10, 2026, 10:13:22 PM
 #21

Has increased Bitcoin popularity resulted in an increase in Wrench attacks?
It should have because the increase adoption doesn't go with increase in privacy adoption
At the end of the day wrench attacks occurs when people make it known about their holdings.

Quote
are well-known public Bitcoin holders adequately prepared for the Wrench?

 Grin Grin
I believe this is a question for them
You never can tell how serious they take their security
We have seen cases of popular individuals that talk about self custody
But lost their funds from using a centralized system or poor security practice .

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March 10, 2026, 10:36:58 PM
 #22

Has increased Bitcoin popularity resulted in an increase in Wrench attacks? Does anybody know? If so, are well-known public Bitcoin holders adequately prepared for the Wrench?
I will simply say yes and it is obvious that scammers in their numbers and scheme of operations to steal Bitcoins from the owners.
It is also true that as adoption increases and with price keep growing in values with the Blockchain security network keep getting stronger, the scammers also effortlessly develops more and advanced technical and malicious softwares in their dynamic systems while they exercises desperacy of succeeding their target.

Just know that as community users adoption increases, so also are the evil ones amidst.











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SquirrelJulietGarden
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March 11, 2026, 01:30:23 AM
 #23

I agree. I was always very careful in social networks, avoiding even to follow crypto websites with my personal account.

Nowadays I am a bit more relaxed, as crypto is more popular and common, but I am still very reserved about my crypto investments.

People talk too much online about crypto or in real life. Those are the first targets.
Social media networks are potentially very harmful for us in psychology and mental health, not only with our account security and fund safety. It's easily to open social media applications, accounts and get attracted by many status, posts, tweets, short videos, reels and all of them possibly consume a lot of time from us. Over using social media platforms will make our psychological and mental health worse, even weaken our physical health too by lack of enough physical activities and exercises.

With people who are in Bitcoin and cryptocurrency, it's quite right like you said, social media can bring potential security exploitation and data breaches.

The cryptocurrency scambook with many scam types including phishing scams with fake accounts on social media.

 
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March 11, 2026, 01:57:46 AM
 #24

The answer to this is short yes. With growth of Bitcoin fame, use of physical force to get you to give up crypto has gone up 75 percent in past year.
Even very public cases such as 2025 kidnapping of co founder of Ledger show that even experts are not totally safe but many well known owners protect themselves by using bank like safes or kind of multi key deal where one person cannot on their own move money alone.
I tend to think that best move is good privacy habits. Since criminals are likely to attack people who post about their wealth on social media, most useful way of keeping wrench off of your door is to keep your holdings secret.

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March 11, 2026, 03:17:11 AM
 #25

In a way, yes. How could there be 2 wrench attacks when there's only 1 Bitcoin hodler, or 5 when there are only 4 hodlers? Also, if adoption didn't hit full throttle or if Bitcoin didn't become popular, and therefore it remained worthy only as a consolation prize for a StarCraft tournament, would anybody risk going to jail for it?

Of course, I can't speak for the level of preparedness of Bitcoin hodlers, but I'm sure they're aware of the risks. I hope they've increased protection.

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March 11, 2026, 12:29:46 PM
 #26

I agree. I was always very careful in social networks, avoiding even to follow crypto websites with my personal account.

Nowadays I am a bit more relaxed, as crypto is more popular and common, but I am still very reserved about my crypto investments.

People talk too much online about crypto or in real life. Those are the first targets.
My mind has never crossed not following crypto websites on social media. I know that such groups and pages are always target for attack. I follow those pages for information, but many atimes they dish out wrong information. But no matter how wrong the information are, I would never comment on the post. I'm always silent and mute

Social media networks are potentially very harmful for us in psychology and mental health, not only with our account security and fund safety. It's easily to open social media applications, accounts and get attracted by many status, posts, tweets, short videos, reels and all of them possibly consume a lot of time from us. Over using social media platforms will make our psychological and mental health worse, even weaken our physical health too by lack of enough physical activities and exercises.
I am also surprised why people are yet to understand how algorithm has dealt with us. Social media is so terrible that the algorithm decides what you read and it might decided to be wicked at you and be showing you one pattern of post that will gradually influnce your brain.


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March 11, 2026, 12:51:35 PM
 #27

Has increased Bitcoin popularity resulted in an increase in Wrench attacks? Does anybody know? If so, are well-known public Bitcoin holders adequately prepared for the Wrench?
It's true; attacks on cryptocurrency users have increased. But we have to be aware of how attackers know about cryptocurrency users, and we have to prevent ourselves from such attacks. There is no alternative to protecting our privacy; if we can't protect our privacy, then we can't protect ourselves from the attacker. Especially on social media, we must be careful about sharing our wealth there, either cryptocurrency or real assets.

Remember, even with your friends, you shouldn't share our wealth and earnings. Because we don't know when their mind would change. We know money could change minds anytime, so here is a stand for privacy protection. I haven't suffered, but I have stopped sharing about my cryptocurrency with friends nowadays. Because I feel it's not safe to share anymore, we have to think about our life and wealth as well.

 
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March 11, 2026, 02:18:47 PM
 #28

Has increased Bitcoin popularity resulted in an increase in Wrench attacks?
In 2025, wrench attacks increased by 75%. Just in time for the BTC-hype. As you can see, there's a direct correlation between the two.

This was partly due to the popularity of bitcoin, and partly due to its (high) price. Bitcoin remains a tool for instant enrichment for people, with the difference being that people achieve this wealth through different paths: investors take one route, and robbers another.

Does anybody know? If so, are well-known public Bitcoin holders adequately prepared for the Wrench?
It appears they're not very well prepared, as confirmed global losses in 2025 amounted to almost $ 41 mln. (44% more than the previous year).

The best way to protect yourself is to remain a "non-public figure". Those whose activities involve cryptocurrencies are potentially at risk (their only recourse is to hire professional bodyguards).

Grin Grin
Actually, this isn't a funny topic at all.

Earlier this week, robbers posing (or not posing) as police officers forced a married couple in France to transfer cryptocurrency ( $1 mln. ) at knifepoint.

There have also been several known cases of victims of similar attacks who didn't survive (a married couple in the United Arab Emirates was murdered). Therefore, this is a very serious problem.

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March 11, 2026, 02:33:57 PM
 #29

Quote
Are Wrench attacks the result of adoption?

With all that the members have already written, when it comes to attacks in France that are related to cryptocurrencies, it has been revealed for some time that the main reason was that one person sold data from their database to criminals. So keep in mind that when you admit to the authorities that you have cryptocurrencies, you hope that some corrupt tax office employee doesn't sell your data to criminals.

France’s crypto tax database was allegedly sold for €800 per person, fueling kidnappings and wrench attacks. The breach shows how compliance records can become criminal target lists. Alleged to have provided data on crypto holders from government databases, Ghalia C., 32, who worked for the French tax authorities, was caught selling this information for €800 per entry to these criminal networks. At Ghalia's tax office in Bobigny, France, she had access to a special government program called "Mira" which has information about everyone's crypto assets. Ghalia reportedly accessed this system and retrieved file information on individuals who invest in cryptocurrencies, including their names and locations, as well as the money that they made from investing in cryptocurrencies. The prosecutor's office alleges that Ghalia sold this confidential information to an unnamed party that reportedly intended to carry out violent acts against those who hold crypto and have properly filed taxes on what they earned from crypto.

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March 11, 2026, 02:47:13 PM
 #30

It's true; attacks on cryptocurrency users have increased. But we have to be aware of how attackers know about cryptocurrency users, and we have to prevent ourselves from such attacks. There is no alternative to protecting our privacy; if we can't protect our privacy, then we can't protect ourselves from the attacker. Especially on social media, we must be careful about sharing our wealth there, either cryptocurrency or real assets.

Remember, even with your friends, you shouldn't share our wealth and earnings. Because we don't know when their mind would change. We know money could change minds anytime, so here is a stand for privacy protection. I haven't suffered, but I have stopped sharing about my cryptocurrency with friends nowadays. Because I feel it's not safe to share anymore, we have to think about our life and wealth as well.
Centralized platforms and social media are two ways in which someone can expose their crypto assets. Many big Crypto exchange require KYC. And this could be a simple means to identify crypto users. 

People carelessly join social media communities where they expose their private information. Some of them even organize physical meetups where they interact and share ideas. This is another means by which attackers locate their victims.

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March 11, 2026, 03:02:29 PM
 #31

Has increased Bitcoin popularity resulted in an increase in Wrench attacks? Does anybody know? If so, are well-known public Bitcoin holders adequately prepared for the Wrench?

 Grin Grin

No crazy guy going around asking if they know people who happened to invest in crypto so that they can attack them, it is always the stupidity of the crypto holders, shilling their bags on the internet and on social media, they must have forgotten that social media is a public market where your whole contact will see everything you are posting, even friends of your friends can decide to target you of they are sure that you have some crypto assets.

We are now in the period where silencing about crypto wealth is a must, the more crypto is turning people into millionaires is also the increase of possible attacks everywhere around the world. There is no difference from this wrench attacks and home invasion where robbers get in to steal from you. Silencing is the best solution to this problem.
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March 11, 2026, 03:11:43 PM
 #32

Bitcoin was created by nerds. Physical force is a jock thing. Of course jocks would figure out a way to take money from nerds. It is nature.
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March 11, 2026, 06:31:42 PM
 #33

Has increased Bitcoin popularity resulted in an increase in Wrench attacks? Does anybody know? If so, are well-known public Bitcoin holders adequately prepared for the Wrench?

 Grin Grin
Why not, the popularity of bitcoin has caused wrench attacks but it has increase adoption, increased bitcoin search and the search has brought engagement.
The wrench attack will not attack if they don’t know about bitcoin, the popularity has brought bitcoin to the knowledge of many and wrench attackers are included.

 
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macson
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March 11, 2026, 07:14:10 PM
 #34

This is all because Bitcoin's price is so high, it's motivated some people to attack Bitcoin holders in order to seize their Bitcoins. With Bitcoin's price so high, these attackers believe that attacking these holders can make them rich if they immediately sell their Bitcoins and cash them in.

This can be considered a risk when someone doesn't protect their privacy and lets their Bitcoins become known to others. That's why it's best to maintain the privacy of your holdings and not carelessly discuss the amount of assets you own with others.

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March 11, 2026, 08:44:34 PM
 #35

This is all because Bitcoin's price is so high, it's motivated some people to attack Bitcoin holders in order to seize their Bitcoins. With Bitcoin's price so high, these attackers believe that attacking these holders can make them rich if they immediately sell their Bitcoins and cash them in.

This can be considered a risk when someone doesn't protect their privacy and lets their Bitcoins become known to others. That's why it's best to maintain the privacy of your holdings and not carelessly discuss the amount of assets you own with others.
Nobody can seize or freeze your bitcoin in your non custodial wallets. Even governments, they are unable to freeze your bitcoin, and only can seize it if they arrest you and have orders to seize your coins but they must arrest you first, and get access to your coins. Without you, they can not access your bitcoin without private keys.

Bitcoin is unique and stronger than altcoins, as altcoins are freezable even in non custodial wallets and examples are stablecoins while bitcoin can not be frozen.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets.

 
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Today at 02:30:10 AM
Last edit: Today at 08:22:41 AM by coinlary
 #36

Yes and it might get worse , you just have to put every possibilityies into consideration these days.
Quote
Are Wrench attacks the result of adoption?
~snip
France’s crypto tax database was allegedly sold for €800 per person, fueling kidnappings and wrench attacks. The breach shows how compliance records can become criminal target lists. Alleged to have provided data on crypto holders from government databases, Ghalia C., 32, who worked for the French tax authorities, was caught selling this information for €800 per entry to these criminal networks. At Ghalia's tax office in Bobigny, France, she had access to a special government program called "Mira" which has information about everyone's crypto assets. Ghalia reportedly accessed this system and retrieved file information on individuals who invest in cryptocurrencies, including their names and locations, as well as the money that they made from investing in cryptocurrencies. The prosecutor's office alleges that Ghalia sold this confidential information to an unnamed party that reportedly intended to carry out violent acts against those who hold crypto and have properly filed taxes on what they earned from crypto.
I read the  particular news in late January , she admitted the allegations with evidence but added she was unaware of the buyers plan Tongue like who the hll buys other people's data for fun? with such amount.
I hope it doesn't  slide, because she has some backings who are already pushing for her release . If it does  then it shows a glimpse of how f*cked up the system is going to be compared to current.

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Today at 06:16:05 AM
 #37

The answer will be a yes for me because I believe that the more Bitcoin becomes popular the more people will want to take advantage of bitcoin and bad people will always want to steal Bitcoin too, wrench attacks are gradually increasing worldwide and it's not going to stop, some wrench attacks are still under investigation, no arrests is made so far, this increase the desire to wrench attack people more, if they are gone then they stay gone.

Some people believe that bad people are stupid, if a internet scammer can know how to hide Bitcoin transaction using mixer why not thee others too? So don't think that once they run away after the attack they will go an sell the Bitcoin on a Centralised exchange, where KYC verification is compulsory, criminals are not always stupid, they always evolve as well.

Avoid turning yourself into a target for them, if someone or a stranger ask you about Bitcoin pretend as if you are just hearing about Bitcoin for the first time in your life, turn the question on them, ask what Bitcoin is all about as if you are just learning it..

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Today at 06:42:54 AM
 #38

Has increased Bitcoin popularity resulted in an increase in Wrench attacks? Does anybody know? If so, are well-known public Bitcoin holders adequately prepared for the Wrench?

 Grin Grin

I mean the wrench attack is already a thing even in the past years, It just make sense to them for sure since that is just the equivalent if you want to rob someone there Bitcoin you just need to surely force them, or maybe you could just force them to send it to your wallet something like that then the digital safety net is just nothing and you can't say that it is safe anymore even for robbers.

For sure, it is a result of adoption in the sense that Bitcoin or cryptocurrency is already being adopted around the globe as it becomes more popular, the thieves or hackers are also innovating and thinking of a much effective way to steal your funds in your wallet, and one of those is resulting to this wrench attacks. I mean, this is just a way riskier approach to thieves since hackers' approach is safer for them because it's difficult to track and it was not something that you are going to do physically.

This are just normal for sure, even on fiat money we see a lot of methods just to steal our funds, the best thing to do here is just to not let anyone know that you have anything or hold any crypto.

 
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Today at 08:16:46 AM
 #39

Yes and it might get worse , you just have to put very possibility into consideration these days.
Quote
Are Wrench attacks the result of adoption?
~snip
France’s crypto tax database was allegedly sold for €800 per person, fueling kidnappings and wrench attacks. The breach shows how compliance records can become criminal target lists. Alleged to have provided data on crypto holders from government databases, Ghalia C., 32, who worked for the French tax authorities, was caught selling this information for €800 per entry to these criminal networks. At Ghalia's tax office in Bobigny, France, she had access to a special government program called "Mira" which has information about everyone's crypto assets. Ghalia reportedly accessed this system and retrieved file information on individuals who invest in cryptocurrencies, including their names and locations, as well as the money that they made from investing in cryptocurrencies. The prosecutor's office alleges that Ghalia sold this confidential information to an unnamed party that reportedly intended to carry out violent acts against those who hold crypto and have properly filed taxes on what they earned from crypto.
I read the  particular news in late January , she admitted the allegations with evidence but added she was unaware of the buyers plan Tongue like who the hll buys other people datas for fun with such amount.
I hope it doesn't  slide, because she probably have some backings who are pushing for her release already. If it does  then it shows a glimpse of how f*cked up the system is going to be compared to current.


Agreed through and through.

That's just.. Plain stupid, why would somebody buy this info not for a) using it to sell it up for even higher price; b) something malicious as it was seen down the line..

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Today at 08:28:07 AM
 #40

Has increased Bitcoin popularity resulted in an increase in Wrench attacks? Does anybody know? If so, are well-known public Bitcoin holders adequately prepared for the Wrench?

 Grin Grin
Probably not just bitcoin holders but also some other crypto asset holders. If you have notable funds (Big or huge) that keeping in your wallet, make sure you stay quiet with that, or be lowkey (dont brag or announce it on your X or any social related to your personal account) cause money is the root of all evil and even on your close friends or worse relatives might trigger their eyes on those. Thats why influencers or kols should not divulged their assets publicly especially if they are not anon cause theres a big chance that someone is tracking you and waiting for the right time to approach/attack and stole that from you.

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