Crypto User Attacked in France Over Ledger Hardware Wallet
A 23-year-old man was kidnapped in a Paris suburb, the latest in a string of crimes targeting cryptocurrency users. Attackers demanded €5,000 in cash and access to the victim’s Ledger hardware wallet containing undisclosed cryptocurrency amounts. This incident highlights growing security concerns for digital asset holders.
Global Pattern of Crypto-Focused Crimes
Similar ‘wrench attacks’ – where criminals physically target crypto holders – have occurred worldwide. Recent cases have been reported in New York, India, Hong Kong, the Philippines, and Spain. These often involve kidnapping and coercion to obtain wallet access credentials.
Law Enforcement Challenges
French authorities haven’t made arrests in the Paris case, raising questions about protecting crypto users. Security experts emphasize the need for enhanced personal safety measures when managing significant cryptocurrency holdings.
Notable Crypto-Related Crimes
- May 2023: Attempted kidnapping of Paymium CEO Pierre Noizat’s family members
- Casa co-founder Jameson Lopp documented 232 physical attacks on crypto holders since 2012
- Bitcoin pioneer Hal Finney experienced a ‘swatting’ incident in 2014
