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Inside the rise of wrench attacks against crypto holders and how France has become the focus

France is experiencing a surge in violent "wrench attacks," with authorities reporting 41 crypto-related kidnappings this year as criminals increasingly target individuals through physical coercion and surveillance.

Key Points

  • French officials recorded 41 crypto-related kidnappings and home invasions in 2025, averaging one incident every two to three days.
  • Global physical coercion incidents involving cryptocurrency rose by 75% in 2025, with cases of severe physical assault increasing by 250% year-over-year.
  • Attackers are shifting tactics from exploiting technical vulnerabilities to "hunting" individuals by using social media, leaked datasets, and daily routine tracking.
  • Security experts recommend using multi-signature wallets, withdrawal limits, and spending caps to minimize the potential financial payoff for attackers during a forced transfer.
  • The French government is developing new security measures and a prevention platform to address the rise in organized criminal groups targeting crypto holders.

Why it Matters

The rise of physical coercion highlights a critical shift in cybercrime where criminals bypass digital encryption by targeting the physical safety of asset holders. This trend forces the industry to reconsider the risks of self-custody and necessitates better integration between law enforcement and digital security practices to protect investors.
CoinDesk Published by Olivier Acuna
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