A report from the New York Times highlights that Bitcoin investors are increasingly concerned about the risk of kidnapping and torture, a phenomenon referred to as ‘wrench attacks.’ At a cryptocurrency conference in Switzerland, veterans like Pete Kayll demonstrated how to escape plastic restraints by biting through them, emphasizing the need for practical self-defense measures. The article also suggests that the best way to stay protected is by staying low-profile, minimizing visible signs of wealth, using basic physical security tools, and preparing for self-defense. The report specifically recommends avoiding flashy displays of wealth like luxury watches and cars, watching for honey-traps, using hotel door stoppers, practicing escape techniques such, as breaking zip-ties, hiring discreet bodyguards, and relying on panic-button apps like Glok to summon help quickly.
According to the NYT, the best way to stay protected is staying low-profile, minimizing visible signs of wealth, using basic physical security tools, and preparing for self-defense. The report specifically recommends avoiding flashy displays of wealth like luxury watches and cars, watching for honey-traps, using hotel door stoppers, practicing escape techniques such as breaking zip-ties, hiring discreet bodyguards, and relying on panic-button apps like Glok to summon help quickly.