France Seen as Rising Hotspot for Wrench Attacks Targeting Crypto, Including Bitcoin Holders

• France leads Europe in reported crypto wrench attacks in 2025

• Attackers demand ransom via crypto or fiat after torturing or threatening victims.

• Security experts warn many cases remain unreported; database tracking shows 10 French incidents in 2025 versus 29 across Europe.

crypto wrench attacks in France: rising abductions targeting traders and investors; learn protections and steps to reduce risk — read now.

What are crypto wrench attacks in France?

Crypto wrench attacks in France are violent kidnappings or abductions where perpetrators force victims to transfer cryptocurrencies or reveal wallet credentials. These incidents combine offline violence with the instant-transfer nature of crypto, making thefts hard to reverse and prompting urgent security and law‑enforcement responses.

How widespread are crypto kidnappings and who is targeted?

France has seen a notable cluster of cases in 2024–2025. Security consultant David Sehyeon Baek and scam defense founder Karan Pujara report that victims are often visible traders, entrepreneurs, or anyone perceived to hold crypto wealth. Jameson Lopp’s public tracking indicated around 10 French cases in 2025, one-third of 29 reported European incidents.

Why are criminals choosing crypto targets?

Experts say the pseudonymous and instantaneous nature of cryptocurrency transfers makes victims attractive. Karan Pujara noted attackers may demand fiat or crypto depending on cash-out ability. Organized crime and traditional gangs reportedly view crypto holders as high-value targets when online scams fail.

How did the recent Paris-area wrench attack unfold?

According to local reporting by Le Parisien, a former trader known as Alexandre was allegedly kidnapped between Paris and Saint‑Germain‑en‑Laye, bound and photographed kneeling, and released with head injuries early Wednesday. Authorities recognized and detained him for medical and forensic checks while investigators examined clothing and skin for evidence.

How can crypto holders reduce wrench attack risk?

1. Limit public exposure: Avoid posting transaction gains, wallet screenshots, or location details on social media.
2. Use secure custody: Prefer institutional custody or professionally managed cold storage for large holdings.
3. Implement operational security: Use multi-sig setups, split keys, and delayed withdrawal mechanisms.
4. Personal safety practices: Vary routines, secure home access, and share minimal personal data publicly.
5. Report threats immediately: Contact local police and retain evidence—early reporting aids cross-border investigations.

Frequently Asked Questions

How can I tell if I’m a potential target for a wrench attack?

Visible crypto holdings, public social profiles showing wealth, or sharing transaction details increase risk. Limit public exposure and review privacy settings on social accounts to reduce targeting.

What should I do if threatened with a wrench attack?

Contact police immediately, do not engage solo with attackers, preserve any communications or images, and seek assistance from legal counsel or trusted security professionals.

Key Takeaways

• France is a hotspot: Reported incidents in 2025 make France the most-targeted European country for wrench attacks.
• Underreporting is likely: Experts warn many cases remain private to avoid reputational harm or repeat targeting.
• Practical defenses help: Reduce exposure, adopt secure custody, use multi-sig, and report threats promptly to law enforcement.

Conclusion

Crypto wrench attacks in France highlight the growing intersection of organized crime and digital asset theft. Strengthening personal security, custody practices, and cross-border law enforcement cooperation is essential to curb this violent trend. For detailed guidance and resources, follow COINOTAG updates and maintain vigilance.

Published: 2025-08-28 — Updated: 2025-08-28 | Author: COINOTAG