The only way one can access their crypto funds is via their private keys. This would be impossible due to the advances in cryptography. However, mafias or gangs are able to see beyond the boundaries. Instead of spending their time trying to break the cryptography itself, they have turned their attention towards targeting crypto-owners.

Five-dollar wrench attacks are when someone discovers that you have many crypto keys and threatens or physically assaults you to get your private keys. At least 8 men including a policeman were arrested Wednesday. ArrestPimpri-Chinchwad, India for allegedly abducting a crypto trader, and demanding ransom. Constable Dilip Tukaram Khandare was allegedly the one who learned about the crypto trader’s $300 crore rupee ($40.13million) wealth through confidential information while working at the cybercrime unit. Khandare, who was afraid of repercussions and filed the missing person report on behalf of his friend, let the trader go.