A disturbing trend is emerging in France, where crypto-related kidnappings have become increasingly frequent and brazen. The country has witnessed at least 41 such incidents this year, equivalent to roughly one every two to three days. This surge in wrench attacks, which involve the use of physical force to gain access to digital assets, has prompted government officials to take notice and implement new security measures.
The problem is not unique to France, as global data suggests a significant rise in physical coercion incidents, with a 75% increase in verified cases in 2025 compared to the previous year. The term 'wrench attack' refers to the use of violence or intimidation to force individuals to hand over their cryptocurrency. Unlike traditional bank transfers, crypto transactions are irreversible, making them an attractive target for attackers. Researchers note that the methods used by attackers have evolved, with a shift from targeting technical vulnerabilities to building profiles of potential victims through social media, public appearances, and leaked datasets.
This approach allows attackers to identify points of weakness and exploit them. The pool of potential victims has expanded, with mid-level holders and even families being targeted.
Cases have involved prolonged captivity, torture, and even murder, highlighting the severity of the issue. Security experts point to the need for increased awareness and the implementation of 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 this threat.