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Why the Spike in Robberies Targets Well-Known Crypto Figures

In recent months, there has been a rise in armed robberies targeting cryptocurrency traders in Western Europe, Hong Kong, and Singapore. These attacks specifically target well-known figures in the crypto community and involve assailants with firearms. The criminals aim to steal digital coins by forcing their victims to reveal the location of their physical wallets or other storage devices. This wave of physical violence is a new and concerning type of threat in the crypto industry, highlighting the need for individuals to be cautious both online and offline. The events also raise concerns about the vulnerability of crypto users to physical risks due to the transparency provided by blockchain technology.

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