There’s a growing buzz about crypto criminals allegedly targeting individuals with increasing violence. However, data to corroborate these tales seems scarcer than an SNL membership card.

Concerns about rising physical threats towards cryptocurrency holders have been circulating in various circles. Yet, a detailed search through major crypto news platforms, like CoinDesk and The Block, shows no credible uptick in physical violence cases against crypto investors. These concerns seem to be more smoke than fire right now.

No Clear Increase in Incidents

The crypto world is far from crime-free. Kidnappings and thefts have sporadically speckled its history. But recent checks into public records, as of late July, haven’t unveiled any reliable surge in these shadowy activities.

Historically, the phobia of physical targeting in the crypto realm has waxed and waned, bolstered by a handful of sensational stories. Still, they don’t add up to a scenery of widespread violence. The evidence simply isn’t there, despite the urgency implied by anecdotal narratives.