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$11M in Crypto Stolen as Thief Disguised as Delivery Driver Invades Home in Disturbing Physical Heist

Crypto Hack Losses Drop 37% in Q3

A terrifying case of physical crypto theft has emerged later than a suspect disguised as a delivery driver forced his way into a residential home and stolen approximately $11 million worth of cryptocurrency.

The incident occurred ahead in the morning when the victim opened the door, reportedly believing the suspect was making a legitimate delivery according to the .

Once inside, the assailant brandished a firearm, restrained the homeowner with duct tape, and demanded access to their electronic devices. The attacker then seized a smartphone and laptop, which authorities believe there are under the attackers control.

Rising trend of physical attacks linked to cryptocurrency

Law enforcement officials say the case reflects a growing global pattern in which criminals turn to physical intimidation and violence to gain access to digital assets. Unlike traditional cybercrime, these attacks bypass technical hacking methods and instead rely on coercion, deception, and force to obtain credentials, recovery phrases, or device access.

Investigators are currently analyzing nearby security footage and on-chain data to trace the stolen assets, although recovery remains uncertain once funds move through multiple wallets. No arrests have been made at the time of reporting.

Police are urging individuals who own significant crypto holdings to remain cautious about sharing personal information, storing private wallet access on connected devices, or revealing their asset ownership publicly. Extra vigilance around unexpected home visits and deliveries has also been strongly advised.

This incident reinforces the mounting security risks facing crypto holders and highlights the necessity of combining both digital and physical protection strategies to secureguard valuable assets.

Crypto Crime escalates in Real-world Violence

While the San Francisco incident highlights the growing threat of physical coercion against holders, FinanceFeeds r is also being driven by organised networks and high-profile actors.

U.S. authorities recently sanctioned a North Korean-linked financial web tied to more than , much of it allegedly funneled through front companies and laundered via platforms, mixers, and offshore intermediaries.

In a separate development, former NRL player over allegations that he accessed and transferred funds from a crypto wallet linked to another individual.

Together, these cases show how crypto-related crime now spans from state-backed cyber operations to personal, in-person, and insider attacks—underscoring an increasingly dangerous overlap between digital finance and physical vulnerability.

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