Wrench attacks surge in France: crypto exec, family tied-up!

Armed intruders bind and beat crypto executive’s family in Verneuil‑sur‑Seine amid a wave of violent “wrench” attacks and suspected data leaks targeting cryptocurrency owners in France

  • Armed intruders attacked a cryptocurrency executive’s family in Verneuil-sur-Seine, binding and beating them to force access to crypto holdings.
  • The family broke free and fled to neighbors while the attackers escaped toward a nearby train station.
  • A similar incident the previous day involved the abduction and assault of a crypto investor near Cholet, with the victim dumped about 50 kilometers away.
  • Investigators say criminals are targeting crypto owners directly, and a charged tax official is accused of passing investor data to organized crime.
  • David Sehyeon Baek warns this wave of “wrench attacks” is visible and that many victims avoid reporting for fear of exposing wallets, taxes, or reputations.

Armed assailants entered the home of a cryptocurrency executive in Verneuil-sur-Seine on Friday evening, beating both parents, restraining them and their two children with cable ties, and searching for access to crypto holdings, as reported. Three gunmen forced their way in and left after the family escaped to neighbors.

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The attackers fled toward a nearby train station, according to the same account. The family later left the scene to seek refuge while police opened an investigation.

The incident follows a kidnapping early Friday in Saint-Léger-sous-Cholet, where a 43-year-old man was abducted from his home, bound, beaten and abandoned in Basse-Goulaine, roughly 50 kilometers away, before being hospitalized with non-life-threatening injuries, as reported. Investigators from the Specialized Interregional Jurisdiction of Rennes said the attackers sought the victim’s crypto after the family had faced multiple attempted break-ins over the holidays.

Earlier last week, masked intruders broke into a home in Manosque, held a woman at gunpoint and stole a USB drive containing a partner’s crypto credentials. Last June, prosecutors charged a tax official with allegedly selling access to government data that could identify crypto investors.

David Sehyeon Baek warned that these attacks are only the start. “France has recently experienced one of the most visible waves of violent, crypto-linked kidnappings and extortion attempts in the EU,” he said. “Victims weigh the low chance of recovering funds against the high perceived risk of tax trouble, wealth exposure, reputational damage, or even physical danger.”

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