French Minister Announces Measures Shield Crypto Investors
French Minister Announces Measures Shield Crypto Investors
French Minister Jean-Didier Berger announces new measures to shield crypto investors from rising wrench attacks, with 41 reported cases in France since 2026.
Introduction to Wrench Attacks
Wrench attacks, a type of assault or threat used to force victims to transfer digital assets, have become a significant concern in France, with 19 confirmed incidents in 2025, according to CertiK.
Measures to Protect Crypto Investors
The French government has introduced preventative steps, including a prevention platform with thousands of sign-ups, and is working on a broader plan expected in the coming weeks. 75% increase in verified wrench attacks worldwide in 2025 highlights the need for urgent action.
Crypto-Linked Kidnappings
A recent crypto-linked abduction in Burgundy, where a mother and her 11-year-old child were allegedly kidnapped by four suspects seeking a 400,000 euro ransom, has sharpened the sense that France is facing a pattern of targeted violence around digital wealth.
Key Takeaways
- French Minister Jean-Didier Berger announces new measures to shield crypto investors from wrench attacks.
- 41 reported cases of crypto-linked kidnappings in France since 2026.
- CertiK reports a 75% increase in verified wrench attacks worldwide in 2025.
- France is working on a broader plan to protect crypto investors, including a prevention platform.
Frequently Asked Questions
What are wrench attacks?
Wrench attacks are a type of assault or threat used to force victims to transfer digital assets, often targeting crypto investors.
How is France addressing the issue?
France has introduced preventative steps, including a prevention platform, and is working on a broader plan to protect crypto investors from wrench attacks.
