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Invest1 publisher3 min readPublished

Casa's security chief maps 360 physical attacks on the people who hold their own keys

Jameson Lopp has turned a GitHub list he has kept since at least 2014 into a filterable map of 360 robberies, kidnappings and assaults on crypto holders. The 2026 entries so far run at about two a week.

The Investor · Invest desk

Illustration accompanying Casa's security chief maps 360 physical attacks on the people who hold their own keys

What happened

  • Jameson Lopp published an interactive dashboard documenting 360 known physical attacks on Bitcoin and crypto holders worldwide, mapping locations, timelines and severity ratings for each case.
  • The data behind it is a community-curated GitHub repository Lopp has maintained since at least 2014, cataloguing what the industry calls wrench attacks after an xkcd comic about a $5 wrench.
  • Lopp put the 2025 frequency at more than one incident per week, the first year in the dataset to average above that mark.
  • The first 11 weeks of 2026 carry 23 documented incidents, which Cryptobriefing reports as the pace continuing without signs of slowing.

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Why it matters

  • decision A holder with a balance worth taking now has to choose between reaching his own coins quickly and being able to demonstrate, with a kidnapper in the room, that he cannot.
  • cost The recurring cost of self-custody becomes operational: co-signers to coordinate, waiting periods to sit through, and discipline about who knows what you hold.
  • exposure The same open filters that let a holder screen a city before a meetup are available to anyone else reading the map, including people looking for places where this has worked before.
  • precedent With a city-level register now public, conference organisers and local groups elsewhere face the expectation that they publish geographic risk guidance the way French communities already have.

Twenty-three documented incidents across the first 11 weeks of 2026 works out to 2.1 a week, roughly double the 2025 average Lopp gives [1]. Cryptobriefing calls the 2026 run a continuation of that pace [7]. The list is community-maintained, and Lopp asks anyone holding details of an uncatalogued case to add it [9], so older years keep filling in after the fact. Either 2026 is running at twice the 2025 rate, or the 2025 rows are still incomplete. Carry more than one a week across a full year and at least 52 of the 360 recorded cases, about one in seven, sit inside 2025 alone [3].

Cryptobriefing says the true total is almost certainly above 360, because many victims never report publicly, out of embarrassment, fear of retaliation, or because their local police take little interest in crypto crime [10]. Haseeb Qureshi, working from the same repository, went through 269 of the incidents and rated more than half of them "Serious" [6]. More than half of 269 is at least 135 cases of armed robbery, kidnapping, or an assault causing significant injury [2][8]. A fatal attack in Mexico last September sits at the top of that scale [16].

Key security has nothing to say to an attacker who already has the holder in a room, because a wrench attack goes at the person holding the keys and not the keys [17]. The fixes the article lists are multi-signature setups, time-locked transactions and distributed key management [11], all built so the holder cannot reach the full balance under duress [12]. Each one makes the owner slower at spending his own money in exchange for being less useful to a kidnapper. Lopp is co-founder and chief security officer at Casa, which sells multi-signature custody, and the article notes that his job gives him a professional stake in publicising physical risk [2][13]. It also describes the dashboard as a public resource built on open data with no commercial pitch attached [14]. The article does not include prices for any of these services.

The dashboard filters by location, time period and severity, so someone weighing a meetup in a given city can check whether that city has a documented history of holders being targeted [18]. France recurs, with enough cases in recent years to draw national media coverage and push local crypto communities into issuing safety advisories [15]. The rows come from publicly reported incidents [3][10], so the French cluster is counting French reporting as much as French crime.

In my view, for anyone holding a balance worth a kidnapping, self-custody now carries a running personal-security cost and not a one-off software decision. The counter-case is straightforward: the number of people self-custodying meaningful sums has grown over the same years, and 360 cases spread across a larger population could be a flat or falling per-holder rate. Nothing in this dataset counts that population. What exists is 360 recorded cases in a list kept since at least 2014 [1][3], and 23 of them in the last 11 weeks [5].

What to watch

  • Severity ratings for the 91 catalogued cases outside Qureshi's 269-incident sample, and whether the Serious share stays above half.
  • Whether the 2026 pace holds for a full year, which at 2.1 a week would put the annual count near 109.
  • Whether France's national coverage produces policing or policy changes that show up as fewer new French entries.
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