San Francisco Man Loses $11 Million in Crypto Wallet Theft

According to PANews, a man in San Francisco was robbed at gunpoint by an assailant posing as a delivery person on Saturday morning. The incident occurred in the Mission Dolores neighborhood, where the victim was bound with tape and forced to surrender his cryptocurrency wallet private keys and devices, resulting in a loss of up to $11 million. No arrests have been made in connection with the case. Security experts have noted a significant increase in such 'wrench attacks' this year, with over 60 incidents reported globally, surpassing last year's figures. Police are actively tracking the devices, monitoring blockchain transactions, and working on a profile of the victim.