Crypto theft is booming as criminals increasingly turn to physical attacks

Key Points

So far this year, $2.17 billion has been stolen from crypto services — already eclipsing 2024’s amount, according to a report from Chainalysis.
The total amount of crypto stolen from both platforms and individuals is nearing $3 billion amid a spike in attacks on individual crypto wallets.
It comes as there have been multiple headlines this year about crypto entrepreneurs and their relatives being targeted with physical violence.

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