Part of the CustodyStress archive of observed Bitcoin custody incidents
Physical coercion
Cases in this category involve custody arrangements that came under physical or behavioral coercion. Outcomes depend on whether structural protections — geographic key separation, multisig thresholds, or time-delay mechanisms — existed.
Coercion cases reveal a structural tension between custody security and custody survivability under threat. Setups that protect against unauthorized access — passphrases held in memory, keys distributed geographically — can also protect an attacker from being forced to act. Cases where coercion was resisted structurally involve multisig thresholds that cannot be met from a single location, or keys distributed across jurisdictions beyond immediate physical reach.
105 observed cases
Blocked
63 (60%)
Constrained
38 (36%)
Survives
1 (1%)
Indeterminate
3 (3%)
Physical coercion — hardware wallet (2024)
Hardware wallet (single key)
In Brazil, a crypto trader's mother was kidnapped and held captive until her son paid a ransom of five Bitcoin. Four people were arrested following the payment
Physical coercion — hardware wallet (2024)
Hardware wallet (single key)
A July 2024 review of documented physical cryptocurrency attacks by CryptoSlate noted that the pattern of attacks in 2024 was shifting from opportunistic street
Physical coercion — hardware wallet (2024)
Hardware wallet (single key)
A US gang was convicted in 2024 for a series of home invasions specifically targeting cryptocurrency holders across multiple states. The gang's operations were
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
Jameson Lopp's physical bitcoin attacks list documented multiple UK incidents in 2023, including street robberies targeting crypto holders identified via social
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
A Bloomberg investigation into crypto home invasions described a gang that in 2023 conducted multiple home invasions across the southeastern United States targe
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
In 2023, Rocelo Lopes—a Brazilian Bitcoin entrepreneur—received a call from captors who had kidnapped his wife after she dropped their daughter at school in Flo
Criminals in Richmond, British Columbia, posed as police officers to gain entry to
Hardware wallet (single key)
In early 2023, criminals in Richmond, British Columbia, posed as police officers to gain entry to a victim's home, stealing approximately CAD $10 million in cry
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
A 2023 FBI report noted increasing reports of 'crypto mugging'—a form of street robbery targeting mobile phone users transacting on crypto exchange apps in publ
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
Canadian police in 2023 documented a pattern of robbery crews targeting Bitcoin ATM users in Toronto. Victims were approached immediately after completing ATM t
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
Jameson Lopp's physical bitcoin attacks database recorded 18 physical attacks against Bitcoin and cryptocurrency holders in 2023 globally, including home invasi
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
Lopp's physical bitcoin attacks list documented a 2023 case in Thailand in which a foreign national who had publicly discussed their Bitcoin holdings at an expa
Physical coercion — hardware wallet (2023)
Hardware wallet (single key)
According to Bloomberg's 2023 reporting on crypto home invasions, a gang operating across the southeastern United States conducted multiple home invasions in 20
Physical coercion — hardware wallet (2022)
Hardware wallet (single key)
A Canadian crypto trader was kidnapped and held for ransom in August 2022, with his abductors demanding a cryptocurrency transfer as the ransom. The case was in
A couple in Russia were ambushed by six men during breakfast at their home.
Hardware wallet (single key)
In September 2022, a couple in Russia were ambushed by six men during breakfast at their home. The attackers coerced the couple into immediately transferring cr
And into 2022, a gang of London teenagers conducted a spree of knifepoint robberies
Mobile or software wallet
In late 2021 and into 2022, a gang of London teenagers conducted a spree of knifepoint robberies specifically targeting cryptocurrency holders. The gang stole o
Hidden wallet discovered — hardware wallet (2022)
Hardware wallet (single key)
A July 2022 incident in Spain recorded in the Lopp physical attacks database involved a Bitcoin holder forced to transfer funds at gunpoint by attackers who had
Physical coercion — hardware wallet (2022)
Hardware wallet (single key)
A gang operating across multiple US states conducted a series of crypto-targeted home invasions in late 2022, entering homes of known crypto holders—identified
Physical coercion — hardware wallet — United States 2022
Hardware wallet (single key)
In September 2022, what investigators described as the first in a series of suburban home invasions targeting cryptocurrency holders occurred in the United Stat
Physical coercion — hardware wallet (2022)
Hardware wallet (single key)
According to Jameson Lopp's physical bitcoin attacks database, 2022 saw at least 15 documented physical attacks targeting Bitcoin holders globally, including ki
Physical coercion — hardware wallet (2022)
Hardware wallet (single key)
An Australian Bitcoin holder was subjected to a home invasion in mid-2022 in which attackers who had identified him as a cryptocurrency holder through his onlin
Physical coercion — exchange custody (2022)
Exchange custody
A crypto entrepreneur in Hong Kong was kidnapped and held for 38 hours in April 2022 by a gang demanding a ransom in Bitcoin. Attackers had prior knowledge of t
Physical coercion — hardware wallet (2022)
Hardware wallet (single key)
A 2022 incident recorded in Jameson Lopp's physical bitcoin attacks database involved a crypto holder in the Netherlands who was followed home from a Bitcoin AT
They transferred 6 BTC from their personal wallet before contacting police.
Exchange custody
A Bitcoin exchange employee was placed under sustained pressure by organised criminals who had identified their role from LinkedIn. Over three weeks the employe
One UK-based Ledger customer was forcibly detained at their home for several hours
Mobile or software wallet
Following the continued publication of the Ledger breach data in January 2021, a wave of physical kidnapping threats arrived at Ledger customers' homes. Several
The victim transferred the accessible funds — 3.2 BTC — and was released unharmed.
Mobile or software wallet
A May 2021 case describes a Bitcoin miner who was kidnapped in an industrial area and driven to a remote location. The kidnappers had researched the miner's ide
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