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MARA discloses executives' huge security expenses, with incidents of cryptocurrency "wrench attacks" continuing to rise
As incidents of "wrench attacks" targeting executives and investors in the crypto industry increase, crypto companies are significantly increasing their investments in executive entity security. The so-called "wrench attack" typically refers to forcing victims to surrender private keys or account access through kidnapping, violence, or coercion. Data shows that in 2025, there have been 72 confirmed crypto-related entity coercion incidents worldwide, a 75% increase year-over-year. Among them, France reported 19 cases, the highest globally.