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Sumo-
I dont think the material around the cable in the litelok is marketed as something that would tangle a blade. I think he meant the hench lock which didn't get funded, but looks like an interesting concept
boredom
There was a (fairly rubbish) kickstarter campaign for a (weedy) chain lock which had a sheath made of chainsaw protection material which would entangle any power tool you use to cut it. I've always thought that was a good idea and could be taken further by adding steel cable to the sheath so that you can't easily just cut it off with scissors.