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From Wrench Defense

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A $5 Wrench Attack is a physical or social engineering attack where an attacker uses coercion, intimidation, or violence—symbolized by a cheap tool like a $5 wrench—to force a Bitcoin user to reveal their private keys, seed phrases, or access to their crypto funds. Unlike digital cyberattacks (e.g., hacking or phishing), this attack targets the human element, exploiting physical or psychological vulnerabilities.

TLDR

Bad guys will kidnap you and torture you for your bitcoin.