Australian crypto entrepreneur Tim Heath was attacked outside his apartment last year by individuals posing as painters in an attempted kidnapping. During the assault, Heath bit off part of one assailant's finger, a detail confirmed by DNA evidence found at the scene. The attackers had meticulously planned the incident, using GPS trackers and burner phones to monitor Heath's movements. Heath managed to escape and has since filed a civil claim for over €3.2 million ($3.77 million) in damages, including security expenses. This incident highlights a troubling trend of 'wrench attacks' targeting crypto holders, which bypass digital security by threatening individuals directly. Recent reports indicate that such attacks are becoming more common, with notable victims including Ledger co-founder David Balland, who was kidnapped in January. Experts warn that regulations requiring the identification of crypto wallet owners could increase risks, as linking identities to wallets makes individuals more vulnerable to targeted attacks. The balance between compliance and personal safety remains a significant concern. Read more AI-generated news on: https://app.chaingpt.org/news