About 70% of all wrench assaults, bodily assaults in opposition to crypto holders and their households, carried out in an try to steal digital belongings, happen in France, in keeping with Bitcoin journalist Joe Nakamoto.
There have been 41 crypto-related kidnappings in France up to now in 2026, Nakamoto mentioned, or about one assault each two and a half days, he added.
He attributed the rise in wrench assaults to know-your-customer information assortment, which is saved in centralized servers that have been compromised in a number of high-profile information leaks, together with the 2020 leak of {hardware} pockets supplier Ledger’s buyer information.
An summary of wrench assaults in France up to now in 2026. Supply: Joe Nakamoto
That information leak disclosed the identities, dwelling addresses and emails of greater than 270,000 clients worldwide, he added. Jameson Lopp, the CEO of crypto pockets and key administration firm Casa, mentioned:
“France is the canary within the coal mine, demonstrating how monetary laws create a surveillance equipment that causes direct hurt to bitcoin holders.”
Opposition to know-your-customer information assortment is mounting contained in the crypto and Bitcoin communities, as digital asset holders proceed to be focused with bodily assaults and kidnappings, prompting a necessity for elevated safety measures.
Associated: Europe sees ‘hyperconcentration’ of crypto wrench assaults as losses hit $101M
Don’t develop into a goal: Bitcoiners supply recommendation to safeguard in opposition to assaults
The assaults are sometimes orchestrated by criminals residing overseas, who contract younger folks residing in France to hold out the bodily assaults, Nakamoto mentioned.
Customers can keep protected by utilizing crypto custody providers that provide security measures like a pre-agreed-upon phrase or phrase that lets a custodial or key administration firm know the holder is being actively attacked.
A database of identified wrench assaults. Supply: GitHub
The corporate can then freeze the belongings, ensuring they don’t seem to be accessed by the attackers, and might even alert regulation enforcement authorities, he mentioned.
He additionally prompt protecting a “decoy” crypto pockets with a small quantity of funds at hand over to criminals within the occasion of an assault.
Lastly, crypto holders ought to maintain a low profile and never focus on crypto subjects on-line or make it public information that they maintain digital belongings, he added.
A minimum of 88 people have been arrested in reference to crypto wrench assaults in France, in keeping with Vanessa Perrée, the nation’s nationwide prosecutor for organized crime.
Journal: Agent wastes 14 hours of scammers’ time, LLMs ‘poisoned’ by Iran: AI Eye
