Physical Attacks Against Crypto Holders Surge 75% in 2025, $41 Million Lost

Physical attacks against cryptocurrency holders surged 75% in 2025, with 72 confirmed incidents resulting in $41 million in losses. The actual number of attacks is likely higher, as some victims do not notify authorities and simply pay ransom demands.

Crypto firms boost security spending

Crypto firms are responding by increasing security spending to levels comparable to major financial institutions. Measures include decoy wallets, hardware wallets with duress features, and time-delay locks to protect assets.

Bitcoin-security YouTube creator Ben Perrin told Bloomberg: "Unfortunately, there's no way to keep yourself off a list." The comment highlights the challenge of remaining anonymous as a crypto holder.

Bloomberg reported the findings, noting that the trend reflects growing physical threats to digital asset owners. The exact number of unreported incidents remains unclear.