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France leads global surge in violent attacks targeting crypto holders, with 70% of cases worldwide.

Market News
25 May 2026
Coinpaper
View Source
Bearish
pluang ai news

France has become the global hotspot for violent attacks on cryptocurrency holders, accounting for about 70% of known "wrench attacks"—violent crimes aimed at forcing victims to surrender crypto assets. Since late 2024, the country has seen a sharp rise in kidnappings, home invasions, and extortion attempts targeting crypto investors and their families, with 41 kidnappings reported in 2026 alone. Authorities link this surge partly to leaked customer data from crypto firms, which criminals use to identify targets. French police have arrested dozens of suspects, including minors, and are working with the crypto industry to improve security and prevention measures. Experts advise crypto holders to limit public exposure and use advanced custody tools to protect themselves.

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