News: 0180113749

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

How To Not Get Kidnapped For Your Bitcoin (nytimes.com)

(Tuesday November 18, 2025 @05:00AM (BeauHD) from the PSA dept.)


[1]schwit1 shares a report from the New York Times:

> Pete Kayll, a musclebound veteran of Britain's Royal Marines, had an unusual instruction for the Bitcoin investors gathered in Switzerland in late October. "Just bite your way out," he told them. It was the final day of a weekend-long cryptocurrency convention on the shore of Lake Lugano, near the Italian border. A small group of investors had lined up in a conference room to have their hands bound with plastic zipties. Now they were learning how to get them off. "Your teeth will get through anything," Mr. Kayll advised. "But it will bloody well hurt."

>

> Most people don't go to an international crypto conference expecting to learn how to gnaw through plastic. But after hours of panels devoted to topics like Bitcoin-collateralized loans, these investors were looking for something more practical. They wanted to know what to do if they were grabbed on the street and thrown into the back of a van. Already paranoid about scams, hacks and market turmoil, wealthy crypto investors have [2]lately become terrified about a much graver threat: torture and kidnapping .

These threats are known as "wrench attacks," which is a reference to a [3]popular XKCD cartoon where a thief skips the hacking and just uses a wrench to force out the password.

According to the NYT, the best way to stay protected is staying low-profile, minimizing visible signs of wealth, using basic physical security tools, and preparing for self-defense. The report specifically recommends avoiding flashy displays of wealth like luxury watches and cars, watching for [4]honey-traps , using hotel door stoppers, practicing escape techniques such as breaking zip-ties, hiring discreet bodyguards, and relying on panic-button apps like Glok to summon help quickly.



[1] https://slashdot.org/~schwit1

[2] https://www.nytimes.com/2025/11/17/business/how-to-not-get-kidnapped-for-your-bitcoin.html

[3] https://xkcd.com/538/

[4] https://en.wikipedia.org/wiki/Honey_trapping



Step 1: Don't own any BitCoin (Score:2)

by outsider007 ( 115534 )

> "Your teeth will get through anything," Mr. Kayll advised. "But it will bloody well hurt."

Speak for yourself, my teeth will barely get through a cheese sandwich at my age.

Better kidnapping (Score:1)

by ChrisPa ( 8510271 )

Now I know to use the metal zip ties if it's in range of their mouth.

Who's laughing now, eh ? (Score:1)

by greytree ( 7124971 )

Some mean people mocked my investments in NFT monkeys, but no-one's going to torture me to get at them.

( And Bitcoin is falling fast today. )

Move to free states. (Score:2)

by Randseed ( 132501 )

> and relying on panic-button apps like Glok to summon help quickly.

Anyone worried about this might consider buying a Glock.

Just give them your bitcoins (Score:2)

by martin-boundary ( 547041 )

Your life is not worth ruining over some digital currency.

Will Silicon Valley Become A Ghost Town?

Back in the 80s, businessmen hoped that computers would usher in a
paperless office. Now in the 00s, businessmen are hoping that paper will
usher in a computerless office. "We've lost more productivity this last
decade to shoddy software," explained Mr. Lou Dight, the author of the
bestselling book, "The Dotless Revolution". "By getting rid of computers
and their infernal crashes, bluescreens, and worst of all, Solitaire, the
US gross domestic product will soar by 20% over the next decade. It's time
to banish Microsoft crapware from our corporate offices."

Lou Dight is the champion of a new trend in corporate America towards the
return of pen-and-paper, solar calculators, old IBM typewriters, and even
slide rules. If "dotcom" was the buzzword of the 90s, "dotless" is the
buzzword of the 21st Century.