Binance France President Targeted in Armed Kidnapping Attempt
Armed males tried to interrupt into the house of Binance France President David Prinçay on Thursday morning, marking the newest in a rising wave of crypto-linked assaults throughout France.
According to French outlet RTL, three hooded people entered a residential constructing in the Val-de-Marne area round 7:00 a.m. on February 12. They have been reportedly armed and trying to find Prinçay’s condominium.
However, the attackers fled after discovering he was not at dwelling.
Armed Commando Flees, Then Strikes Again
Local reports steered the group first compelled one other resident to assist them find the proper condominium. Police stated the suspects searched the Binance government’s residence earlier than leaving with two stolen telephones.
Shortly afterward, at roughly 9:15 a.m., police in Hauts-de-Seine responded to a different incident. A resident in Vaucresson reported being struck in the pinnacle with rifle butts by hooded males.
Authorities later linked the 2 occasions.
According to RTL, surveillance footage confirmed the suspects utilizing the identical car seen earlier in Val-de-Marne. The stolen telephones have been additionally traced to the second location.
Witnesses reportedly overheard the attackers saying the tackle was incorrect earlier than fleeing once more.
Arrested at Lyon Perrache Station
French regulation enforcement launched a coordinated operation involving the Paris Brigade de Répression du Banditisme (BRB), police models from Hauts-de-Seine, Val-de-Marne, Yvelines, and transport police.
Investigators tracked the suspects by way of public transportation.
The three males boarded a prepare to Lyon. Authorities alerted the Lyon BRI unit, which intercepted and arrested them at Lyon Perrache station later that day.
They at the moment are in custody. The investigation stays ongoing.
Binance Co-Founder Yi He addressed the incident on X, confirming that the focused government and his household are protected.
Is France Becoming a Haven for Crypto Crime?
The tried assault comes amid a surge in crypto-related kidnappings and residential invasions throughout France.
In May 2025, French police arrested greater than 20 suspects linked to a series of kidnappings in the larger Paris space and surrounding areas, the place criminals focused prosperous crypto traders.
Throughout 2025, French regulation enforcement continued to dismantle cells linked to crypto-focused extortion.
Investigations revealed that attackers often used non-public info obtained from dark-web leaks or social-network scraping to profile potential targets.
Methods ranged from staged dwelling invasions — typically in the early morning — to coordinated abductions and compelled actions between areas to evade detection.
The put up Binance France President Targeted in Armed Kidnapping Attempt appeared first on BeInCrypto.
