Paraguay probe into Hong Kong-born crypto exec’s death triggers ‘wrench attack’ warning

AI Summary

Paraguayan police are investigating the death of Harry Yeh Chun-tak, a Hong Kong-born cryptocurrency fund executive, amid growing concerns over violent extortion attacks known as 'wrench attacks' targeting digital asset holders globally. The case has raised alarms about security risks in the digital asset space.

Police in Paraguay have launched an investigation into the death of a Hong Kong-born cryptocurrency fund executive as speculation swirled over the case. Experts on Wednesday also warned of a global rise in violent extortion attempts targeting digital asset holders, a phenomenon known as “wrench attacks”. Paraguayan police are investigating the death of Harry Yeh Chun-tak, who was found dead outside his residential building in Asuncion after a suspected fall from his 30th-floor flat earlier this...