The Alarming Rise of Crypto-Related Attacks in France and Beyond
A surge in crypto-related kidnappings has put France at the center of a global trend, with at least 41 incidents reported this year. The country has become a hotspot for these so-called 'wrench attacks,' which involve the use of physical force to gain access to digital assets. According to security experts, the number of verified physical coercion incidents worldwide has increased by 75% in 2025, with many more cases going unreported. The rise of these attacks has raised concerns about the risks associated with self-custody of cryptocurrencies and the need for increased security measures to protect holders. Researchers have observed a shift in the way attackers identify victims, from scanning for technical vulnerabilities to building profiles based on social media activity, public appearances, and leaked datasets. The problem is exacerbated by insider leaks and compromised state data, which can provide attackers with valuable information. The pool of potential victims has widened, with mid-level holders and even families being targeted. Experts recommend measures such as multi-signature setups, withdrawal delays, and spending limits to reduce the risk of wrench attacks. As crypto adoption continues to grow, the frequency and severity of these attacks are likely to increase, making it essential for authorities and individuals to take proactive steps to prevent and mitigate the threat.