Unchained Crypto Kidnappings and Physical Attacks Are on the Rise—Here’s How to Stay Safe - Ep. 775
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Jan 31, 2025 Jameson Lopp, co-founder and CSO of Casa, dives into the alarming rise of physical attacks targeting crypto holders. He discusses the shocking kidnapping of a Ledger co-founder and the tactics used by criminals in wrench attacks. Lopp identifies the demographics and geographies most at risk, while sharing insights on risky behaviors that increase vulnerability. He emphasizes the inadequacy of traditional exchange security and offers crucial safety tips for protecting significant crypto wealth. A must-listen for anyone in the crypto space!
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Kidnapping of Ledger Co-founder
- Ledger co-founder David Balland was kidnapped in France, a shocking incident for the crypto community.
- The kidnappers targeted other Ledger executives through Balland, demanding ransom and even resorting to mutilation.
Archiving Crypto Attacks
- Jameson Lopp started archiving physical attacks on crypto holders to track trends and raise awareness.
- This personal project stems from his own swatting experience, emphasizing the need for better security understanding.
Attack Trends and Risks
- Physical attacks are increasing in Southeast Asia, potentially linked to organized crime targeting nationals abroad.
- Personal risk profile matters more than location; risky behavior can make anyone a target regardless of where they live.