France has emerged as one of the world's hotspots for crypto-related kidnappings, with 41 reported cases in 2026. This represents approximately 70% of global wrench attacks, a type of cybercrime where physical threats or coercion are used to force victims to surrender digital assets.
The rise in crypto-related kidnappings in France has been attributed to the country's large user base, visible founders, and publicized cases involving relatives of high-value targets. This has created a perception among criminal groups that crypto holders may be easier to pressure than traditional financial institutions.
Experts warn that the threat is no longer limited to founders, traders, or wallet holders themselves, but also extends to their families. In some cases, attackers have targeted relatives instead of the public crypto figure, using tactics such as fake delivery approaches and surveillance.