The Alarming Rise of Crypto-Related Kidnappings in France and the Global Surge in Wrench Attacks

A disturbing trend is emerging in France, where crypto-related kidnappings have become increasingly frequent and violent. The country has witnessed at least 41 such incidents this year, prompting government officials to acknowledge the severity of the problem and announce new measures to tackle it. The phenomenon, known as 'wrench attacks,' involves the use of physical force to extract access to digital assets, and France has become the epicenter of this global rise. According to security researchers and law enforcement data, the number of verified physical coercion incidents worldwide has increased by 75% in 2025, with many more cases going unreported. The term 'wrench attack' refers to the use of physical force to gain access to digital assets, and it has become a major concern for crypto holders. Unlike traditional bank transfers, crypto transactions cannot be reversed, making it easier for attackers to move funds quickly across wallets and chains. Researchers say that attackers are now identifying victims by building profiles, tracking social media activity, public appearances, and leaked datasets, rather than scanning for technical vulnerabilities. This shift has led to a wider pool of potential victims, including mid-level holders and families. In some cases, attackers have even gotten help from government officials, exacerbating the problem. The problem is further complicated by the fact that many wrench attacks are underreported, with some being recorded as standard robberies or home invasions without mentioning the crypto element. As crypto adoption grows, the risk of wrench attacks is becoming a broader security concern, raising questions about the risks of self-custody and the need for measures such as multi-signature setups, withdrawal delays, and spending limits to reduce the risk of attacks.