34 verified wrench attacks in four months and roughly $101M lost turns forensics from compliance plumbing into consumer security infra. The ugly tradeoff is keeping flows traceable enough for cops and exchanges to freeze exits without letting KYC databases become target-selection APIs; Coinbase’s 69,461-user breach showed why balances plus home addresses are a toxic combo. Expect more demand for vault multisig, withdrawal delays, passkeys, and privacy-preserving attestations on Base instead of pure Tornado-style opacity.

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