For those with crypto wealth, beware the wrench attack
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For those with crypto wealth, beware the wrench attack
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About this listen
In the high-stakes world of cryptocurrency, cybercrime is no longer the only concern for investors. A rise in street crime tactics means that some wealthy crypto owners have fallen prey to physical attacks and coercion. You may have seen a recent headline regarding a crypto owner who was kidnapped and tortured in a Manhattan townhouse by criminals who were attempting to steal his bitcoin. These brazen physical attacks have come to be known as “wrench attacks.” How can crypto investors protect themselves, and their stash, from both cybercrime and violent crime? Nick Neuman, CEO of Casa, a cryptocurrency company that specializes in providing security solutions for digital assets, joins The Excerpt to share his insights.
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