The 8 Worst Bitcoin ‘$5 Wrench Attacks’ of 2022

Bitcoin And there’s still a lot to overcome about the crypto space security and security to flourish. However, cyberspace is not the only place where security threats exist.

forbes Identified While physical attacks are rare for bitcoin theft last year, they are the fourth biggest vector for losing crypto. Another report from The Guardian found The streets of London experienced a surge in “crypto theft” after attackers stole victims’ phones and accessed their unsecured crypto wallets.

Software engineer and BTC advocate Jameson Lopp put together a running list of all known physical attacks/thefts on bitcoin holders around the world.

January: Bitcoin ATM stolen from gas station

In Memphis, Tennessee, police caught a group of people stealing bitcoins. ATM from a petrol station. According to reportsThey smashed a truck through the windows of the station to remove the ATM.

We would love to see the look on his face when he found out that there were no actual bitcoins inside the machine.

February: A bitcoin hijacking incident

Police in the Indian city of Pune arrested eight people, including a police officer, for kidnapping a victim in an attempt to extort bitcoins.

reports It is claimed that the accused held the victim hostage for Rs 300 crore ($36.6 million) in BTC.

March: Bitcoin trader’s home invaded

In March, Dubai Police arrested four people for allegedly stealing bitcoins from a trader.

The accused jointly paid a fine of Dh1.7 million (over $462,000 at press time), the amount they Allegedly Theft from the victim’s house by putting a knife in the person’s throat

April: House robbery of crypto keys

Another incident came from Canada, where armed men Allegedly broke into a house in Canyon Meadows. In addition to taking other financial items, the men found and stole the private keys for the victim’s cryptocurrencies.

According to media reports, the victim has suffered minor injuries.

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May: BTC mining machine stolen

In Malaysia, twelve people were detained in connection with the theft of bitcoins mining rigs, The theft reportedly resulted in a loss of hundreds of thousands of ringgit to the owner.

The arrest was made on the complaint of the owner of an aluminum firm. The owner alleged that his building was broken into on two occasions and 180 bitcoin mining machines were taken.

July: Fake bitcoin deal

Two men have been found guilty of robbing a businessman and his friend after duping them with a fictitious bitcoin deal. the incident was Reported When in Dubai the businessman approached a promoter to execute physical fiat-for-bitcoin trading.

The two men who allegedly attacked the victim snatched a bag containing Dh183,000 (about $49,800), three phones, paperwork and bank cheques.

September: incidents of loot at gunpoint

In September, UK police taken into custody Three persons for attempting to rob a local’s crypto holdings. All three have reportedly been charged with carrying a weapon “with intent to cause harm to another in order to make an improper demand of cryptocurrency from a person.”

December: Businessman asked to surrender crypto holdings

A Russian businessman told police that masked men forced him to reveal his digital password. purse After abducting her from the car. purse It contained 250 bitcoins (about $17 million).

According to the victim, this incident took place in Moscow after the culprits took to some unknown place


All information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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