{"id":25973,"date":"2025-08-11T10:36:43","date_gmt":"2025-08-11T07:36:43","guid":{"rendered":"https:\/\/forklog.com\/en\/kyc-data-breaches-fuel-rise-in-attacks-on-crypto-investors\/"},"modified":"2025-08-11T10:36:43","modified_gmt":"2025-08-11T07:36:43","slug":"kyc-data-breaches-fuel-rise-in-attacks-on-crypto-investors","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kyc-data-breaches-fuel-rise-in-attacks-on-crypto-investors\/","title":{"rendered":"KYC Data Breaches Fuel Rise in Attacks on Crypto Investors"},"content":{"rendered":"<p>Alena Vranova, founder of SatoshiLabs, has reported an increase in physical attacks on cryptocurrency holders. She made this statement at the Baltic Honeybadger 2025 conference in Riga.<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/W2TJuQ1TWYs?si=933BFJ8krmwUe31b\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>According to her, criminals are kidnapping and torturing individuals to obtain their private keys. Vranova noted that even small-scale investors are being targeted.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cAt least one Bitcoiner is kidnapped somewhere in the world every week. We have seen cases of kidnappings for as little as $6,000 in cryptocurrency and murders over assets worth $50,000,\u201d she stated.<\/em><\/p>\n<\/blockquote>\n<p>Vranova identified data breaches from centralized platforms, which collect customer information as part of <span data-descr=\"know your customer\" class=\"old_tooltip\">KYC<\/span> procedures, as the main cause of the rise in such attacks. Criminals use this information to locate victims.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cCurrently, data on over 80 million cryptocurrency holders is available online. Of these, 2.2 million records include home addresses,\u201d Vranova added.<\/em><\/p>\n<\/blockquote>\n<p>She also emphasized that the frequency of attacks is linked to the price of Bitcoin and increases during bull markets.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcPT-118_nAL0Xbg_75h6lU4iH-OojmEd1u28FyMe1A-BhfmbgKHW_I4no81rJOl11IOBZnI_XqYa7fg5vaJ2qRwh9gpsOnGJVhseUJl9b6j2R_2u70IaKK3Ani2GBEZMqyTiwu9w?key=hFnjqs_hLjk89QH2uMtC1A\" alt=\"KYC Data Breaches Fuel Rise in Attacks on Crypto Investors\"\/><figcaption class=\"wp-element-caption\">Correlation between Bitcoin price and attacks on investors. Source: <a href=\"https:\/\/glok.me\/announcing-glok-the-next-chapter-in-bitcoiners-arms-race\/\">glok.me<\/a>.<\/figcaption><\/figure>\n<p>In May, the exchange Coinbase <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-reveals-number-of-users-affected-by-data-breach\">reported<\/a> a breach that affected a small portion of its clients, revealing their home addresses among other details.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alena Vranova, founder of SatoshiLabs, has reported an increase in physical attacks on cryptocurrency holders. She made this statement at the Baltic Honeybadger 2025 conference in Riga. According to her, criminals are kidnapping and torturing individuals to obtain their private keys. Vranova noted that even small-scale investors are being targeted. \u201cAt least one Bitcoiner is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1269],"class_list":["post-25973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-cryptocurrencies"],"aioseo_notices":[],"amp_enabled":true,"views":"159","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=25973"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/25972"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=25973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=25973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=25973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}