Red Alert: Physical Attacks on Crypto Holders Drain $124 Million in Just Six Months

A dangerous new trend is hitting the blockchain space: physical extortion. According to recent data from CertiK, targeted physical attacks against crypto holders have resulted in a staggering loss of $124 million in just six months, marking a violent shift in how digital assets are being stolen.

These incidents are increasingly occurring in private residences, with France identified as the primary epicenter of this crime wave. As criminals target hardware wallets and private keys through direct coercion, the industry faces a critical turning point regarding the intersection of digital asset security and physical personal safety.

Crypto security has taken a terrifying turn. A new report from CertiK reveals that physical attacks against cryptocurrency holders have led to losses totaling $124 million over the last six months. Moving beyond traditional smart contract exploits, criminals are now targeting the individuals themselves, often invading their homes to seize assets.

France has been identified as the epicenter of this surge in violence, where attackers use physical force to compel victims to transfer funds or surrender their hardware wallets. This alarming trend underscores the urgent need for investors to combine robust digital security with heightened physical safety measures to protect their holdings.