San Francisco Man Falls Victim to Crypto Heist: $11 Million Lost

A San Francisco resident was robbed at gunpoint Saturday morning in the Mission Dolores neighborhood, where they were threatened with force and forced to hand over their cryptocurrency wallet private keys and devices. This resulted in a potential loss of up to $11 million USD. The incident remains unsolved as no arrests have been made yet. Security experts are reporting a surge in these types of attacks known as ‘wrench attacks’ – with over 60 incidents globally this year, surpassing last year’s figures.