Raid on Binance France Executive's Home: 3 Suspects

Armed Raid Attempt Targeting Binance France

In France, three suspects were apprehended following a home invasion attempt targeting the residence of a high-level employee of Binance France. The company confirmed the incident to Cointelegraph, stating that an employee's home had been entered. According to local media RTL, three masked and armed suspects forced their way into another apartment in Val-de-Marne at 07:00 CET on Thursday morning, inquired about the Binance France president's home, stole two cell phones, and fled. Two hours later, they were caught during a second raid attempt in Hauts-de-Seine; the stolen phones and associated vehicle were seized.

Binance and Yi He's Swift Response

A Binance spokesperson stated, “The safety of our employee and their family is our top priority; we are cooperating with local police and enhancing security measures for assets like BTC.” Binance co-founder Yi He confirmed that the employee and family are safe, thanking the French police's Brigade de Répression du Banditisme unit for their rapid intervention.

Source: Yi He

Rise in Wrench Attacks: Threat Targeting BTC Investors

The incident appears linked to the 75% increase in “wrench attacks” targeting crypto investors in 2025; 72 cases worldwide and 19 incidents in France. According to CertiK data, losses amount to at least $40.9 million. These physical coercion tactics endanger high-profile wallet holders engaging in BTC futures. Investors should review cold wallet and physical security measures; the event could undermine confidence in the BTC market.

Visit our site for detailed BTC analysis.