Lausanne, Switzerland, February 10th, 2026, Chainwire
SwissBorg, Europe’s leading app for investing and earning crypto, announced the launch of Withdrawal Protection. This new security feature protects users from the growing number of physical “wrench” attacks through a non-bypassable time-lock on all crypto withdrawals, preventing instant transfers of assets out of a user’s account.
An increase in real-world extortion attempts involving forced access to crypto wallets has driven the need for additional protection measures at the human level. Withdrawal Protection is designed to combat and safeguard against this emerging threat. When activated, the feature applies a mandatory, non-bypassable time-lock to all crypto withdrawals, preventing instant transfers of assets out of a user’s account. Users can choose a delay period ranging from one to 90 days, during which funds cannot be withdrawn.
By removing the possibility of immediate payouts, Withdrawal Protection deters physical attacks that rely on fear and urgency. Even if a user is forced to unlock their device and initiate a withdrawal, the app enforces the waiting period, making instant access to funds technically impossible.
“Security must go beyond simply protecting accounts from hackers,” said Cyrus Fazel, Co-Founder and CEO of SwissBorg. “Crypto is reaching a point of widespread adoption, so it’s equally important to protect people in real-world situations. Withdrawal Protection is designed to give users time, control, and peace of mind in circumstances when digital safeguards alone may not be sufficient.”
The feature is designed as a “set and forget” safety measure. Once enabled in the app’s security settings, all crypto withdrawals are subject to the selected delay. The delay cannot be overridden, including by SwissBorg support, ensuring the feature remains an effective deterrent. Users may deactivate Withdrawal Protection at any time, though the same delay period applies before withdrawals return to instant access.
Withdrawal Protection does not affect trading or asset management within the SwissBorg app. Users can continue to swap assets, manage portfolios, and use internal services as normal, while crypto withdrawals outside the SwissBorg ecosystem remain time-locked. Internal transfers such as Smart Send, which requires recipient KYC, are also unaffected.
SwissBorg has spent years building robust digital security infrastructure, including MPC keyless technology and transparent Proof of Liabilities, making the app one of the most secure environments for managing crypto assets. The introduction of Withdrawal Protection complements SwissBorg’s broader “defense in depth” security strategy, which combines MPC keyless technology, Proof of Liabilities, and now a dedicated safeguard against physical coercion.
Withdrawal Protection is available in the latest version of the SwissBorg app and can be activated from the Security section of a user’s profile.
About SwissBorg
SwissBorg is the leading community-driven crypto wealth management platform, engineered in Switzerland and licensed in the EU. Committed to trust and transparency, SwissBorg is on a mission to democratise the future of finance to make financial freedom possible for everyone. At its core is the groundbreaking Meta-Exchange, which seamlessly connects to multiple centralised and decentralised exchanges to secure the best liquidity and prices for users. Beyond trading, SwissBorg offers curated yield strategies through DeFi, and empowers users to access early Web3 opportunities through its Alpha Pre-Sales. Swissborg’s token, BORG, sits at the heart of their ecosystem providing a multitude of benefits to its holders.
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Contact
Elisa B.
elisa@swissborg.com
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