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Research Uncovers Over 100 Physical Attacks Targeting Bitcoin Owners Since 2014

Research Uncovers Over 100 Physical Attacks Targeting Bitcoin Owners Since 2014

An Alarming Report Reveals Over 100 Physical Assaults on Crypto Owners

In recent news, there have been disturbing incidents involving physical assaults on cryptocurrency owners. One incident involved the kidnapping of executives who were forced to empty their crypto wallets, and another incident involved a Swedish couple being violently attacked and forced to give up their digital assets.

Jameson Lopp, the CTO of Casa, has been tracking physical assaults on bitcoin users and has identified 16 such attacks in 2023 alone. Lopp shared his findings on social media, revealing that there have been over 100 physical attacks on Bitcoiners. However, Lopp acknowledges that his list is not comprehensive and that many attacks go unreported.

Lopp’s research shows a clear correlation between the rising value of bitcoin and the increase in physical assaults. The number of attacks has been growing over the years, with a significant spike during the 2017 bull run and another surge during the 2021 bull run.

These attacks include home invasions, abductions, SWATting, mishandled in-person bitcoin trades, and raids on crypto mining facilities. Lopp has also provided educational resources for those looking to improve their physical security when it comes to cryptocurrencies.

Hot Take: The Reality of Physical Assaults on Crypto Holders

In light of recent physical assaults targeting bitcoin owners, it is becoming increasingly important to prioritize the safety and security of your digital assets. The alarming number of attacks on crypto owners highlights the need for vigilance and proactive security measures.

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Research Uncovers Over 100 Physical Attacks Targeting Bitcoin Owners Since 2014