Through Candid Edwards
November 25, 2025
Surveillance footage shared with investigators shows the homeowner buzzing him into the home.
A man posing as a delivery person entered a house in San Francisco on Nov. 22 and stole an estimated $11 million in cryptocurrency after attacking the homeowner.
Police said the suspect approached the Dorland Street home shortly before 7 a.m. while holding a white package and identifying himself only as “Joshua.” Surveillance footage shared with investigators shows the homeowner buzzing him into the home.
According to the police report obtained by the San Francisco Chronicle, The victim was later found bound with duct tape, while the intruder left with a laptop, a phone and access devices linked to cryptocurrency accounts.
Bay Area tech investor Garry Tan initially posted the video on social media and urged neighbors to help investigators by sharing doorbell camera footage from surrounding blocks.
Investigators said the suspect’s actions were consistent with “wrench attacks.” Security specialists use the term to describe encounters where criminals physically force victims to unlock cryptocurrency wallets. Blockchain security analysts at Chain analysis noted in its 2025 Crypto Crime Trends report that violent crypto-related robberies have increased in several major cities.
“Attacks targeting self-custody holders are becoming more common as criminals realize that private keys can be captured by force,” the report said.
Police have not announced any arrests. A spokesperson said this The independent that the department works with digital forensics teams to track fund movements on the blockchain, a step often used in major crypto theft cases.
The incident mirrors similar patterns seen elsewhere in California. In Los Angeles, the district attorney’s office reported two cases in 2024 in which victims were forced at gunpoint to initiate transfers from digital wallets. These cases also involved suspects posing as delivery people or contractors before gaining access to homes.
San Francisco residents have increasingly spoken out concerns about targeted crimes linked to digital assets as cryptocurrency adoption increases. Security professionals say the case is yet another reminder that digital wealth can come with physical risks.
Chainalysis researchers advised crypto holders to keep private keys offline. Additionally, crypto holders should limit access to devices and avoid wallet transfers on laptops left in shared living spaces.
Police are asking anyone with information to contact the police tip line.
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