Crypto Wrench Attacks Surged in 2025, Total Recorded Losses Hit $41 Million: Report

Feb 3, 2026 - 16:00
Crypto Wrench Attacks Surged in 2025, Total Recorded Losses Hit $41 Million: Report
Crypto wrench attacks witnessed a massive surge in 2025, with both the number of incidents and the total losses over the year reaching an all-time high, a new report stated. As per the report by a cybersecurity firm, these violent means to extort cryptocurrency and related digital assets from individuals grew by 75 percent year-on-year (YoY) in 2025.