Swiss Abduction May Signal Rising Wrench Attacks Targeting Bitcoin Holders in France

• Wrench attacks: coordinated abductions to extort crypto payments.

• France recorded at least 10 wrench attacks in 2025, contributing to a global tally of 48 reported cases.

• Law enforcement responses included multi-agency raids and arrests; victims often remain silent, so true figures may be higher.

Wrench attacks, France: rising crypto kidnappings in 2025; read recent cases, law enforcement response, and practical protections for crypto holders.

What are wrench attacks and how do they target cryptocurrency holders?

Wrench attacks are kidnappings or violent extortion schemes where criminals abduct or physically coerce individuals to transfer cryptocurrency or reveal private keys. These attacks target wealthy crypto traders, executives and relatives, exploiting the portability and pseudonymity of digital assets to demand ransoms in crypto.

How many wrench attacks have been reported in France in 2025?

Security analyst Jameson Lopp tracked at least 10 wrench attacks in France in 2025, part of a global tally of 48 reported incidents this year. Regional reporting names Le Dauphiné Libéré and investigative coverage in COINOTAG as sources documenting several high-profile cases.

Why are crypto holders especially vulnerable to wrench attacks?

Crypto holders are vulnerable because digital assets can be moved quickly and across borders. The anonymity of certain on-chain transactions and peer-to-peer OTC trades makes recovery and tracing harder for authorities. Experts such as David Sehyeon Baek note that many incidents go unreported to avoid reputational harm.

What recent high-profile cases illustrate the trend?

Recent cases include the abduction and rescue of a 20-year-old Swiss man in Valence; attacks on Ledger co-founder David Balland and others; and arrests linked to schemes that targeted the families of crypto executives. Reporting names Le Dauphiné Libéré and COINOTAG as primary accounts of these incidents.

Frequently Asked Questions

Are wrench attacks limited to France or Europe?

While France has seen a concentrated increase in 2025, wrench attacks are a global problem with reported cases in Asia, Europe and the Americas. High-profile incidents in China, Hong Kong and Brazil illustrate broad geographic spread.

What should a victim do if targeted for crypto ransom?

Prioritize safety and contact local law enforcement immediately. Preserve evidence, avoid unilateral transfers, and involve legal and security professionals experienced in crypto extortion cases.

Key Takeaways

• Wrench attacks are rising: France reported at least 10 cases in 2025 and is a focal point for violent crypto extortion.
• Digital assets increase risk: Portability and pseudo-anonymity of crypto make holders tempting targets for organized criminals.
• Mitigation steps exist: Limit public exposure, use custody best practices, and work with security experts to reduce vulnerability.

Conclusion

France’s wave of wrench attacks underscores a growing security challenge for crypto holders worldwide. Law enforcement arrests and rescues show progress, but underreporting likely masks the full scale. Crypto holders should adopt custody safeguards and security plans. For continued coverage and guidance, follow COINOTAG reporting and expert analyses.