Ari Redbord, Head of Global Policy and Government Affairs at crypto analytics company TRM Labs, pointed out: "2025 is a record year for wrench attacks," with about 60 reported physical attacks against crypto asset holders throughout the year. This number is much higher than the second highest known number of wrench attacks in 2024 (about 41) and 2021 (36). Although the exact number of wrench attacks is difficult to accurately count, the risk to victims is indeed increasing, or at least public awareness of such threats is rising."The real number may be much higher," Redbord added, "many cases are only recorded as ordinary robbery or burglary, with the crypto asset element overlooked; others have never been reported due to victims' hesitation or doubts about law enforcement's ability to handle crypto-related crimes."The cybersecurity risk known as "wrench attacks" is named after the concept that even the most sophisticated encryption and data security measures can be undermined by physical coercion—just like the scenario threatened by a "five-dollar wrench."