Crypto Executive: At least one Bitcoin user is kidnapped every week, and the frequency of attacks increases during bull markets.

By: theblockbeats.news|2025/08/11 09:12:00

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BlockBeats News, August 11th, according to Cointelegraph, SatoshiLabs founder Alena Vranova warned that incidents of wrench attacks, physical attacks, and kidnappings against Bitcoin and cryptocurrency holders are increasing. "Every week, at least one Bitcoin holder in the world is kidnapped, tortured, extorted, sometimes with even more severe consequences."

Alena Vranova stated that even small cryptocurrency investors could become targets of violent criminals. "It seems like an issue only for Bitcoin OG investors, but that's not the case. We've seen someone kidnapped for $6,000 worth of cryptocurrency, we've seen someone murdered for $50,000 worth of cryptocurrency, currently, over 80 million Bitcoin holders' and cryptocurrency users' identities have been leaked online, with 2.2 million of them containing home addresses." She added that these attacks are correlated with the Bitcoin price and the frequency of attacks increases during bull markets.

-- Price

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