France has become a major hotspot for so-called cryptocurrency wrench attacks
French authorities have arrested seven people, including a minor, in connection with a crypto-linked kidnapping that targeted the family of a cryptocurrency entrepreneur. The case involves the abduction of a 35-year-old magistrate and her 67-year-old mother, who were taken in an apparent attempt to force a digital ransom payment.
Investigators say the kidnappers contacted the magistrate’s partner, a crypto business owner, and sent a photo of the two women along with threats of serious harm if payment was not made. The message reportedly warned of mutilation should the demands be ignored, adding urgency to the situation.
The victims were held for roughly 30 hours in a garage in the Drôme region. They later managed to alert authorities and escape on their own. No cryptocurrency ransom was paid, and both women were found safe. Police quickly moved in, leading to the arrests shortly afterward.
This incident is part of a wider pattern troubling French officials. In 2025 alone, prosecutors charged 25 suspects over crypto-related kidnappings and attempted abductions, many involving young offenders. Targets have included investors, executives, and even relatives of people known to hold digital assets.
Several high-profile cases have drawn attention to the issue. The daughter and grandson of Paymium CEO Pierre Noizat narrowly avoided an abduction, while Ledger co-founder David Balland was kidnapped and injured before being released. Other victims have faced violent threats aimed at forcing crypto transfers.
Security researchers say France has become a hotspot for so-called “wrench attacks,” where physical force is used to obtain private keys. While experts stress that safety tools like withdrawal delays help, they warn that staying low-profile is just as important. Similar crimes have also been reported worldwide, showing the threat extends well beyond France.
