Paraguay probe into crypto exec’s death triggers ‘wrench attack’ warning

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 week.

Prosecutors said all hypotheses remain open – including accident, suicide or foul play – while the body was transferred to a morgue for an autopsy to determine the official cause of death.

According to a Paraguayan newspaper on Sunday, Yeh’s body was found at the foot of the Jade Park residential complex in the capital city’s Trinidad neighbourhood.

Local police reportedly said his naked body was covered with a black plastic bag. Investigators who entered the 30th-floor flat where Yeh was believed to live found the doors open and the interior in disarray.