Telegram founder Pavel Durov recently took to his platform to issue a stark warning regarding a surge in violent crimes targeting the crypto community. According to Durov, France has seen 41 kidnappings of crypto holders in the first 3.5 months of 2026 alone.
This alarming statistic comes amidst a backdrop of systemic failures in data protection and a controversial push by the French state for even greater access to private citizen data. As the crypto hub ambitions of France face their toughest test, the intersection of tax transparency and physical safety has become a focal point of industry outrage.
The Rise of "Wrench Attacks" and Kidnappings in 2026
The term "wrench attack"—physical violence used to force a victim to surrender their private keys—has moved from a theoretical threat to a daily reality for many investors. The reported 41 kidnappings represent a significant escalation compared to previous years.
A Pattern of Violence
- Targeted Extortion: Criminals are no longer just hacking hot wallets; they are knocking on doors.
- Brutal Tactics: High-profile cases, such as the 2025 attack on Ledger...
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