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Bitcoin Faces Another Wrench Attack in France

Increase in Violent Crypto-Related Crimes in France

  • A cryptocurrency executive and his family were attacked in their home in Verneuil-sur-Seine by three armed assailants.
  • The attack is part of a growing trend of “wrench attacks” targeting wealthy crypto holders in France.
  • A separate incident involved the kidnapping of a crypto investor near Cholet, who was later abandoned after being assaulted.
  • French prosecutors have charged a tax official with selling personal data of crypto investors to criminals, raising concerns about target identification.

France is experiencing a surge in violent crimes linked to cryptocurrency, with recent incidents highlighting vulnerabilities in how criminals identify targets. The misuse of personal data for targeting has become a significant concern amid these attacks.

The rise in such crimes underscores the need for enhanced security measures and awareness among crypto holders to protect themselves from potential threats. Source

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