CoinDesk Podcast Network

BITCOIN SEASON 2: Bitcoin Has a Wrench Attack Problem


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Crypto kidnappings & "wrench attacks" are surging globally. Charlie & Colin break down real cases, from Ledger CEO torture to NYC penthouse hostage drama, plus essential security tips to protect yourself from physical Bitcoin theft.


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Charlie and Colin dive deep into the dark side of crypto wealth - the rising amount of physical attacks, kidnappings, and torture targeting Bitcoin holders. From the Ledger co-founder's mutilation in France to wild NYC penthouse hostage situations involving crack cocaine and air fryers, they explore real cases and share Jameson Lopp's security wisdom.


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**Notes:**

• Ledger co-founder kidnapped 2 days, fingers cut

• American tourist lost $125K in London scam

• Italian held 17 days, $28M crypto extorted

• 90+ officers in French rescue operation

• Attacks started with Hal Finney in 2014

• Most incidents happen in Europe/Asia


Timestamps:

00:00 Start

01:08 What is a wrench attack?

05:33 Jameson Lopp

08:19 3 Types of attacks

09:34 Kidnapping (Ledger Case)

12:19 Kidnapping (French Father Case)

13:03 Attempted Abduction (France Daughter of CEO)

14:59 Arch Network

15:31 Wrench Attack Tracker

19:10 Hostage (American Tourist London)

22:08 Different custody setups

24:34 Hostage (Kentucky Crypto King)

30:58 Best practices

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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!


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