Crime16 April, 20261 min read
France Launches Emergency Measures After Surge in Crypto Kidnappings and Ransom Attacks
France announces emergency preventative measures to protect crypto owners amid wrench attacks. Prevention platform and strategic security plan are being launched to curb attacks.
Crypto Kidnappings Surge
France has witnessed a dramatic surge in cryptocurrency-related kidnappings and wrench attacks. 41 reported crypto-linked abductions since the start of 2026, averaging one attack every 2.5 days. Jean-Didier Berger stated his office has launched a prevention platform with thousands of sign-ups.
The spike follows a 75% increase in wrench attacks worldwide in 2025. France accounted for the most incidents.
High-Profile Kidnappings
A mother and her 11-year-old son were abducted in Burgundy in a ransom plot targeting the father's cryptocurrency business. France's elite GIGN police unit rescued the victims from a hotel room. The kidnappers demanded a 400,000 euro ransom, which was not paid before the rescue.
The mother and son were reported to be in good health. Other incidents include the kidnapping of Ledger cofounder David Balland.
Government Response
The French government has implemented protective measures for cryptocurrency executives. A decree allows business leaders to hide their personal addresses in the national business registry. Priority access to emergency number 17 and safety checks of homes were established.
The National Anti-Organized Crime Prosecutor's Office has taken up multiple cases. This signals a coordinated effort to dismantle criminal networks.
Criminal Networks and Data Leaks
Experts attribute the surge to the rising value of digital assets and increased visibility of wealthy investors. Criminals recruit executors via encrypted platforms like Signal and Telegram. The multiplication of data leaks has posed a major threat.
Europol estimates that only 0.15% of illicit funds are in crypto. The crypto industry is seeking solutions, including insurance products.
