Prominent cryptocurrency researcher ZachXBT has reported an increase in armed robberies targeting individuals involved in the cryptocurrency sector. This alarming trend has raised concerns about the safety of those participating in the cryptocurrency community.
Cryptocurrency Community Faces Increased Risks
According to ZachXBT, violent attacks and sudden armed assaults on popular cryptocurrency investors have surged in recent months. He emphasizes the need for caution during face-to-face meetings within the cryptocurrency community.
ZachXBT warns, “More care should be taken when organizing face-to-face meetings in the cryptocurrency community.”
Security Measures and Industry Response
Major players in the cryptocurrency market are uniting to combat such crimes. Companies like Tether and TRON are collaborating with TRM Labs to prevent cryptocurrency fraud. For instance, in a recent example, a victim had 12,000 spWETH (valued at $32.4 million) stolen from their wallet in just 24 hours.
Global Risks Emerge
Unlike cyber attacks, it is much harder to prevent physical assaults. When personal assets become active targets, preventing such thefts can become increasingly challenging. ZachXBT highlights that many cryptocurrency robberies occur during or after face-to-face meetings. Since cryptocurrency transactions are irreversible, criminals prefer to commit thefts directly using physical assets.
This trend is particularly concerning in Europe, but similar situations are also emerging in cities like Hong Kong and Singapore. This indicates that the threat of physical violence is not just a regional issue but a global concern.
When cryptocurrency robberies occur offline, holders must exercise greater caution in their daily lives, much like when they are online. The transparency of blockchain technology exposes users to fraudulent elements and physical dangers.
The security of cryptocurrency holders must be ensured in both digital and physical domains. Therefore, community members should be more vigilant in protecting their personal information and enhancing security measures.
