With Bitcoin’s price exceeding $100,000, cryptocurrency holders face growing security risks — primarily being kidnapped or held for ransom. Alena Vranova, co-founder of SatoshiLabs and Trezor, has launched Glok, a company offering training and technology to protect Bitcoiners from these physical threats.

Rising Kidnapping Risks

In the first six months of 2025, kidnappings targeting cryptocurrency holders surpassed the total for all of 2024, according to data Glok shared with Bitcoin Magazine. Criminals have shifted from digital ransomware to physical “wrench attacks,” coercing victims to surrender wallet credentials. A notable case involved a 28-year-old Italian tourist…

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