Cryptocurrency | Price (USDT) |
---|---|
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ETH | $2435.7930000000 |
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Category: CRYPTO NEWS
The post Six attacks that targeted investors appeared on BitcoinEthereumNews.com. As cryptocurrency gains in popularity and price, some criminals are taking to violent measures to steal funds from high-profile crypto holders. Jameson Lopp’s GitHub repository, which logs such incidents, has recorded 22 “$5 wrench” attacks on crypto holders in 2025 alone. The moniker comes from the crude and violent methods perpetrators use to compel crypto holders to hand over their bags. In many cases, local law enforcement can intervene before anyone is harmed and funds are lost. But there is a growing trend of increasingly violent and successful attacks, some of which have resulted in permanent harm and even death. The most recent incident in Paris, France compelled the French Ministry of the Interior to hold a meeting to address the rising trend. Here are just seven of the most high-profile attacks this year. Ledger founder and wife kidnapped, freed The founder of crypto wallet Ledger, David Balland, and his wife, Amandine Balland, were kidnapped from their home on Jan. 21. The couple was put in a car, then separated and held at different locations. Paris prosecutor Laure Beccuau said that the kidnappers called an executive at Ledger and demanded a substantial ransom to be paid in cryptocurrencies. They reportedly mutilated Balland’s hand and sent Ledger a photograph to put pressure on the company. Some 230 officers participated in the search after Ledger alerted authorities. The police managed to locate and free David on Jan. 22 in Châteauroux, 30 miles southwest of his residence. One day later, after questioning arrested suspects and analyzing phone records, police were able to locate and rescue Amandine in Étampes, 80 miles north of Vierzon. A small portion of the ransom was paid. Beccuau said it was frozen and tracked, leading to the arrest of nine men and one woman. Ledger CEO Pascal Gauthier released…
2025-05-17T03:37:09+00:00