Ah yes, the $5 wrench attack in crypto. That's the one type of attack no one really considers until it happens.
To a degree, the victims are at fault here as well, as they must have flaunted around their crypto wealth enough for bad guys to notice
True, this is also what I am thinking. It is possible that during that event, this person instead of going low profile over his holdings and just discuss the essence of cryptocurrency, possibly bragged about his crypto success story.
And some people expect us to promote Bitcoin in our community, knowing fully well the government does not guarantee you security. Just imagine a person with such an amount worth of crypto, falling a victim, then what would be the fate of those that don't even have up to 10%. We have too many hungry and lazy people in our society, and they see people's hardwork as a better means of survival. But at the same time, our level of confidentiality and privacy will play a big role in our financial security.
One can promote cryptocurrency and minimize himself to be targeted from these attacks. Just be a low-profile person. A promoter can promote his stuff without revealing his wealth. He can just discuss the features, importance, and real-life features of Bitcoin. There is no need to flaunt his wealth to convince people that is not necessary.