Physical attacks against crypto holders, including kidnap and assault, up 75% in 2025 — 72 confirmed incidents see $41 million lost, real number likely higher

Physical attacks against crypto holders, including kidnap and assault, up 75% in 2025 — 72 confirmed incidents see $41 million lost, real number likely higher

Jowi Morales is a tech enthusiast with years of experience working in the industry. He\u2019s been writing with several tech publications since 2021, where he\u2019s been interested in tech hardware and consumer electronics. ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-23/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Jowi Morales Social Links Navigation Contributing Writer Jowi Morales is a tech enthusiast with years of experience working in the industry. He’s been writing with several tech publications since 2021, where he’s been interested in tech hardware and consumer electronics.

derekullo I cashed out right at the Bitcoin/Ethereum peak last October. Wringing out the life of decades old gaming computers was fun in the beginning … back in 2018 or so when any old computer could make a profit mining with CPU or GPU. It also made covid a bit less boring … thankfully covid never really made me sick. The S&P500 by itself has increased by 10% since last October, whereas Bitcoin has lost 38%. Some people may still be making a profit mining bitcoin, but it definitely isn't as good a store of value as it was promised to be. Reply

PEnns It's the perfect crime. Nobody can identify the loot (if it were ever found.): Non-tangible, unmarked, untraceable laundering "currency" is so perfect!! Reply

cyrusfox PEnns said: It's the perfect crime. Nobody can identify the loot (if it were ever found.): Non-tangible, unmarked, untraceable laundering "currency" is so perfect!! Bitcoin is extremely traceable due to the ledger, it is not anonymous at all. But you are right, it can't be frozen and is freely able to be used, but its not like Monero with actual masking of identity to transaction. Reply

aldaia cyrusfox said: Bitcoin is extremely traceable due to the ledger, it is not anonymous at all. But you are right, it can't be frozen and is freely able to be used , but its not like Monero with actual masking of identity to transaction. Although technically true, the claim fails in day-to-day reality because you may own the Bitcoin but you cannot actually spend it. To buy groceries, pay rent, or fund daily activities, you must exchange Bitcoin for fiat currencies. This forces you to use centralized exchanges like Coinbase or Binance, which operate under strict banking laws. If a government agency or court issues an order, these platforms will immediately freeze your account, seize your deposits, and block your funds. Furthermore, because the Bitcoin ledger is entirely public, blockchain analytics can track the movement of every single coin. The U.S. government actively maintains a public blacklist of specific wallet addresses. If you receive Bitcoin that was once linked to a hack, scam, darknet market, or sanctioned entity, your funds become "tainted." The moment you try to spend it or send it to an exchange, automated software flags it, and your transaction is immediately blocked or frozen. Unless, of course, you only spend those tainted BTC on illegal / illicit activities. 😉 And even then will be difficult and highly risky. Reply

cyrusfox aldaia said: Although technically true, the claim fails in day-to-day reality because you may own the Bitcoin but you cannot actually spend it. To buy groceries, pay rent, or fund daily activities, you must exchange Bitcoin for fiat currencies. This forces you to use centralized exchanges like Coinbase or Binance, which operate under strict banking laws. If a government agency or court issues an order, these platforms will immediately freeze your account, seize your deposits, and block your funds. Furthermore, because the Bitcoin ledger is entirely public, blockchain analytics can track the movement of every single coin. The U.S. government actively maintains a public blacklist of specific wallet addresses. If you receive Bitcoin that was once linked to a hack, scam, darknet market, or sanctioned entity, your funds become "tainted." The moment you try to spend it or send it to an exchange, automated software flags it, and your transaction is immediately blocked or frozen. Unless, of course, you only spend those tainted BTC on illegal / illicit activities. 😉 And even then will be difficult and highly risky. Story as old as time. But much different than a frozen bank account, you still have full control, but your ability to use government sanctioned services can be impacted. Alternate means exist, the easiest I have heard is using another exchange that is immune from those government controls to then transfer these public facing coins to private coins, and from there find a service or party willing to transfer from coin to fiat. Digital laundering. Reply

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