At least one bitconnor is invited every week – crypto exec

Satoshilabs founder Alena Vranova has warned of increased wrench attacks, physical attacks and adductions made against Bitcoin (BTC) and crypto holders in an attempt to steal their private keys.

“Every week, at least one in the world has an invitation, torture, coercion and sometimes even worse, Bitconnor,” Vlanova told the audience at the Balto Honey Bugger 2025 conference in Riga, Latvia.

She warned that even small crypto investors can ride the radar of violent criminals looking for targets. She added:

“What appears to be a problem only in Bitcoin OG is not really the case. We’ve seen cases of temptations with just $6,000 worth of code.

Vranova on stage at the Baltotic Honey Badger 2025 Conference. sauce: Baltotic Honey Badger Meeting

The rise in wrench attacks on crypto holders is a disturbing trend, with the 2025 physical attacks on Bitcoiner getting back on track and double the worst year on record, urging personal safety measures from investors, developers and industry executives.

Related: Wrench Attacks drive crypto investors to centralized custodians

Centralized data leaks, expanding the threat of wrench attacks

Data leaks from centralized crypto exchanges that collect sensitive user information under customer (KYC) requirements identification and allow other centralized software providers to collect client data to target crypto holders and their families.

“We currently have over 80 million BitConnor and crypto users identities leaked online. 2.2 million people include their home addresses,” says Vranova.

These attacks correlate with Bitcoin prices, and the frequency of attacks will rise into bull markets, she added.

Correlation between BTC price and wrench attack. sauce: glok.me

In May, Crypto Exchange Coinbase disclosed a data breaches that leaked information from a small subset of Coinbase customers.

In June, a report from CyberNews revealed over 16 billion leaks to a database containing user login credentials from platforms such as Apple, Facebook and Google.

Password leaks have a negative impact on crypto holders who are subject to an increase in phishing, social engineering, hacking, identity theft, and other types of targeted fraud designed to steal user data and funds.

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