San Francisco Resident Lost $11M in Crypto To Thief Posing as Delivery Driver

5h ago•

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Physical crypto attacks rise as criminals target homes for quick wallet access.
Early-morning invasions exploit trust and catch victims off-guard for theft.
Self-custody users urged to strengthen device security and delay withdrawals.

A San Francisco resident lost $11 million in crypto after an early-morning home invasion that involved a delivery disguise, a firearm, and forced access to digital wallets. The incident adds to a year marked by an unusual rise in physical attacks on crypto holders.

Investigators and security analysts warn that criminals now target homes as often as online platforms. Users with large holdings face growing pressure to strengthen personal and digital defenses. The latest case underscores how quickly attackers move once they obtain wallet credentials, especially during early-morning hours when victims remain vulnerable.