French authorities have arrested three suspects following a reported home invasion targeting a senior employee of Binance’s French operations. The incident took place early Thursday morning in the Val-de-Marne region, where armed individuals allegedly attempted to locate the residence of a Binance France executive.
According to local reports the suspects initially forced entry into a neighboring apartment, demanding directions to the executive’s home. The intruders reportedly searched the property and stole two mobile phones before fleeing. Hours later, the same suspects were arrested during a second attempted break-in in Hauts-de-Seine after residents alerted police. Authorities recovered the stolen devices and a vehicle believed to be connected to the earlier incident.
the co-founder officer at Binance Yi He wrote ;
Binance confirmed that one of its employees was targeted but declined to disclose the individual’s identity, citing safety and an ongoing investigation. The company stated that the employee and their family are safe and cooperating with law enforcement.
Rising Crypto-Linked “Wrench Attacks” in 2025
The attack comes amid a broader surge in physical assaults targeting cryptocurrency holders. Verified “wrench attacks” increased 75% in 2025, reaching 72 global cases and accounting for at least $40.9 million in confirmed losses. France recorded 19 incidents last year, the highest nationally, with Europe representing roughly 40% of global cases.
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