Overview
- A suspect posing as a delivery worker entered a Mission Dolores residence around 6:45 a.m. on Nov. 22, brandished a gun, bound the homeowner with tape, and stole a phone, laptop, and roughly $11 million in cryptocurrency, according to a police report.
- San Francisco police have not announced arrests or disclosed which tokens or wallet addresses were involved, and officials have not released asset-destination details.
- Doorbell footage of the suspect approaching with a package was shared publicly by Y Combinator CEO Garry Tan, who urged residents to submit security video to aid the investigation.
- Cybercrime specialists say the early response focuses on device forensics, on‑chain tracing, and alerts to exchanges or issuers, though experts caution that recovering funds taken under duress is uncommon.
- Security researcher Jameson Lopp’s database shows wrench attacks more than doubled in 2025, and recent cases include a British Columbia home invasion that led to a seven‑year sentence and separate arrests tied to crypto‑linked kidnappings in Los Angeles and Thailand.