NEW YORK, USA— What began as a digital revolution has now taken a darker, more physical turn. As cryptocurrency adoption grows, so too does a disturbing new form of theft, one that trades phishing emails for fists and brute force. Known as “wrench attacks,” these violent crimes are shaking the global crypto community. Just last…
Germany’s anti-money laundering authority has sounded the alarm on the increasing use of cryptocurrencies in illicit finance, reporting a record 8.2% year-on-year rise in crypto-related suspicious activity reports (SARs). According to the 2024 annual report from the Financial Intelligence Unit (FIU), digital assets are now embedded in complex, global money laundering networks and traditional financial…
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