
The alleged kidnapping and torture of an Italian man in Manhattan, purportedly over access to his Bitcoin, has spotlighted a concerning aspect of the cryptocurrency landscape: the risk of violent theft targeting digital assets.
This type of attempted robbery is often referred to as a "wrench attack," a term that gained traction from an online comic. The comic humorously depicted how physical coercion can bypass sophisticated security measures, with attackers resorting to violence to obtain crucial passwords.