France Grapples with Surge in Crypto-Related Kidnappings and Violent Attacks

A disturbing trend is emerging in France, where crypto holders are being targeted in a rising number of kidnappings and violent attacks, known as 'wrench attacks'. This phenomenon has placed the country under the international spotlight, with government officials acknowledging the scale of the problem. According to recent data, at least 41 crypto-related kidnappings and home invasions have occurred in France this year, averaging one every two to three days. Minister Delegate to the Interior Ministry, Jean-Didier Berger, has announced plans to introduce new measures to tackle the issue, including a prevention platform that has already garnered thousands of registrations. The term 'wrench attack' refers to the use of physical force to gain access to digital assets, often because it is easier to coerce a person than to break encryption. Security researchers and law enforcement data indicate that these attacks are becoming more frequent and violent globally, with 72 verified physical coercion incidents reported in 2025, representing a 75% increase from the previous year. The trend is attributed to the increasing difficulty of breaking encryption and the ease of coercing individuals to access their digital assets. Attackers are now using social media activity, public appearances, and leaked datasets to identify potential victims and track their routines, making it essential for crypto owners to be vigilant about their online presence and security. The problem is exacerbated when attackers receive insider information from government officials, as seen in a recent case where a French tax official sold sensitive data to wrench attackers. The pool of potential victims has expanded, with mid-level holders and even families being targeted. Cases have involved prolonged captivity, torture, and severe violence, highlighting the need for increased security measures and awareness. Experts recommend measures such as multi-signature setups, withdrawal delays, and spending limits to reduce the risk of wrench attacks. As crypto adoption grows, the frequency and severity of these attacks are likely to increase, turning a niche concern into a broader security risk.