Crypto theft is booming as criminals increasingly turn to physical attacks

Crypto theft is booming as criminals increasingly turn to physical attacks

It comes as there have been multiple headlines this year about crypto entrepreneurs and their relatives being targeted with physical violence.

Crypto Criminals Now Pay 14x Higher Fees To Evade Detection, Chainalysis Reports - Data Intelligence

report from Chainalysis. This figure surpasses the total amount stolen in all of 2024 and suggests a troubling upward trend in digital asset crime. A significant portion of this year’s stolen funds, approximately $1.5 billion, was linked to the North Korea-backed Bybit hack, which alone accounts for 69% of all crypto services thefts in 2025 so far. That exploit has propelled this year’s losses to levels 17% higher than those recorded in 2022, wh…