Chicago Rapper Linked to $5 Wrench Assault

I'm not really into hip hop, but it seems there’s a potential suspect connected to a $5 wrench attack. The guy might be a big deal, so it's kinda shocking. Here's the scoop on what went down: So yeah, it’s not just happening in France. Looks like criminals are now specifically targeting crypto fans.

$5 wrench attack is very common in France, but with time it might be common in more countries and United States can be one of them. It is better people should not take their privacy as a joke because we are going to see more of this later in the nearest future. It is good that such people are arrested as fast as possible.

This is sobering reminder that more and more violent criminals are after Bitcoin. $5 wrench attack is no longer joke. Now they want your keys and crypto accounts because they know they can make money. This story tells us it is not only about our online security now but we've got to watch our OpSec too. It can be dangerous to shout from rooftops about your cryptocurrency. It is reminder we need to use technology like multi sig or store our recovery phrases in very safe place. Whether you are living in Paris or US, if you own crypto, then be quiet and stay hidden.

Bitcoin & cryptocurrency physical attacks happen everywhere globally because Bitcoin & cryptocurrency are used not only in France so it is not the only nation has reported cases with physical attacks. There are 334 physical attack cases reported in 58 nations so far. Database of Physical Attacks Against Crypto Holders. You can get details on those attacks as well as summary stats. https://stats.gart.io/

There is a better list as well that you might not be aware of, (https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md) And as you can see, for this year alone, most of the attacks are from France. And that is why, French minister says new measures are coming after crypto kidnappings. But then, Telegram Founder Pavel Durov Warns Crypto Data Leaks Are Fueling Kidnappings in France. But in this case, it's totally different, it happened in the US. Although there has been attacks on US soil, but this time it attract attention because of a musician is involved. So each and everyone of us moving forward should really be careful of the people we talk to about our crypto assets and just stay low key and not to talk about it in public or in our social media accounts.

This is why it really isn't safe to have access to large amounts of BTC in your home these days.  I think it is also why the ETFs have been such a popular investment vehicle.  Most people don't want to have to worry about such things in their day to day lives.  I think traditional banks as custodians can't happen fast enough to combat this problem.

That’s why, guys, you have to be extremely discreet about your Bitcoin holdings. These days, the big money isn’t in robbing a gas station or a bank—which handle less and less cash anyway. It’s in hacks or wrench attacks like this one. It’s clear that we’re going to see more and more cases like this.

Too many people flexing on their bitcoin for internet points, not knowing that it's self custody, the same as holding gold bar in stashes. Criminals will always prey on these kind of people. Maybe the custodial wallet like exchanges aren't so bad for an alternative to the people who can't properly take care of their self custody wallet from any kind of attacks.

It's dangerous for people who accept bitcoin at their stores, business in nations where social security is not good and criminal rates in their nations are high at alarming level. It's super dangerous if they have pictures of Bitcoin at home, hire someone to make Bitcoin icon at their homes, and something similar which all can attract many people that firstly they're Bitcoin investors, and secondly feeling like they are rich and have bitcoin stored at home. They flexed for satisfying their ego but don't know that such activities put themselves and family members at very high risk of physical attacks. Flexing your bitcoin holding on Internet is dangerous but it's more dangerous if you flex it by yourself physically and with your properties.

It seems rap is no longer profitable. Or cryptocurrencies becoming so popular that even musicians are starting to "freelance" to earn it? This rapper must be a genius if he decides to rob someone with such publicity. Or was he simply looking for inspiration and material for his future musical works? I wonder how he'll justify his actions in court? Oh, yes. Now his tracks will undoubtedly become popular. Food delivery companies (and others) need to start rethinking their service models, otherwise, people will simply stop ordering delivery. Stop opening your door to strangers and letting them into your home. Danger is a warning not only in France but all over the world if you don't have a shotgun to give your guests a warm welcome.

Black Americans, this people find money in the most sick ways, they don't care if they have to rob you and go on camera for fame, I am not spreading hates but this is who the majority of them are. Holding Bitcoin in a safe at home will no longer be safe, maybe wrench attacking is what will give banks the room for investors to start trusting them? Because it's not about talking crypto everywhere you go anymore, these people have their sick ways of gathering information about you, they have the tools and other, and every crypto exchanges have people's home address. If one way or the other the data leaked into the wrong hands they won't share that bad news on the internet, wrench attacks is whay will follow right after.

Bitcoin attack is getting serious and as long as you expose yourself and get noticed as a bitcoin holder, just know that the possibility of getting attacked is almost close to certain. This calls for an high level of caution and vigilant from all bitcoin holders. To an extent, the personality of the individual you're about sharing your crypto worth with is not even important because even the most reverend person can still attack you or sell you to being attached if he discoveres that you hold so much a crypto In your possession. It's not even a matter of the perpetrator of this act being a black American or a rapper or not, it's the fact that once you expose yourself to a third party, you're vulnerable to being attacked.

I think you are only a critic or someone that think the blacks are bad. There are successful black Americans and their are hardworking people among them, but just that some people will be bad. Take a look at the white Americans to know that they are not different. People are just the same. As some have good mind some have bad mind. Both Blacks and Whites are committing scam and crime. Those that I have seen on the news about France that are arrested are majorly not Blacks. I trust myself than to trust someone or a company to hold my coins for me. Bitcoin seed phrase can be hidden in places better than a safe. If a wallet is know, you can still make the thieves not know your main wallet.

why on earth will someone want to make their crypto holdings obvious and public when the initial idea was safety ? it is really so unfortunate that we could get a famous person in such a silly incidence but this is also a sign that, no one is to be trusted and as such we ought to be very careful with how we relate information to people and while also carrying out their investigation, the police should also try to pay some close attentions to people that are very close to the victim as they might also be the prime suspect or possible a mastermind among his close allies as there is a saying in my local dialect that, "it is the rat that lives inside the house, that goes outside to invite the rats outside"

This just looks like theft. There is nothing in the story to suggest the person or family were flaunting bitcoin holdings neither does it show that the criminals were after just that. This look like just a regular rich family who people can tell are rich and they were attacked because of that. This is the digital age, any thief breaking in would also want to check for possible digital assets along with the ones they could find in the safe. - Jay -

I don't know how famous this rapper is in America, but he has destroyed his reputation and I doubt that he will grow in his career after involving in armed robbery, he should have known better because if he's a good rapper he will be famous and rich that is if he's not already. I wonder why celebrities would risk tarnishing the image that they have built by involving in crime, you would ordinarily think that it is poor people without any meaningful ambitions that will be involved in armed robbery. The cases of $5 wrench attacks is getting very worrisome and crypto holders are no longer safe in many countries, the attacks is no longer breaking news especially in France, and attackers in other countries are brazing up to compete with their french counterparts. What is clear is that somebody or group must have information about your crypto stash before staging an attack on you so keeping your crypto information private as much as possible is very paramount if you don't want to be a victim.

I knew about it because at that Github repo, there is a description which makes me think stats.gart.io is from J. Lopp too but I did not verify origin of it so perhaps I could be wrong. It seems Lopp's Github only has a table of physical attacks, and archive links of those reported cases while at https://stats.gart.io/ there are Summary for each case and some visual stats but surely you can use both sites for having more information together.

Don’t see why you have to be racist, and then say “I am not spreading hate”. There have been plenty more cases of wrench attacks particularly in France and other countries, I don’t see you going there to make racist remarks. Your post would have been meaningful without the first paragraph but you just had to say your piece, didn’t you?

There are too many people that are into Bitcoin this days, I hardly see one showing others their wallet balance, that's exaggeration, you people still thinks that this attacks are just merely attacks? This days with better technology you can get data on anyone, I read online that in the near future data will be more costly than anything because there will be demand on it. I wonder why anyone will want to buy data on someone or a company's, people don't mind their businesses, the street is not smiling anymore, even your mere neighbours are looking into your lifestyle. If you are doing well for yourself and others aren't, you are simply inviting trouble.

It's only a matter of time before it quickly spreads to many countries, and they can easily trace the holdings or assets of their potential victims. This is not the time to flex or brag about your assets because you never know there are criminal syndicates lurking around planning to be their next victim. We still don't have this kind of crime in our country, but we have syndicates in our country, and they might use this $5 wrench attack; this will scare holders in our country.