Hello friends, how are you all? I hope you are all well and healthy.
Today, I am going to discuss with you some sensational and somewhat scary news from the cryptocurrency world. I was browsing various crypto news and forums this morning, when suddenly a news related to Binance caught my eye. After reading the news, it seemed that cryptocurrency is no longer just a matter of digital wallet security; it is now also involved in the security of our personal lives. I have analyzed several facts and simply presented the whole incident for you below.
Attempted attack on the home of the CEO of Binance France: What really happened?
The incident took place near Paris. A group of robbers targeted the CEO of Binance France, David Prinçay, and raided his home. The date was February 12, 2026.
As far as I can tell from the incident, the attackers were not very successful, but rather made some ridiculous mistakes. Three masked men entered the building in the early hours of the morning, but they did not enter David's flat; they mistakenly entered another apartment. Luckily, David himself was not home at the time. When the thieves realized that they had missed their target or had come to the wrong place, they stole two mobile phones and fled.
Police activity and a dramatic arrest
The role of the police here is to be commended. I read the reports and saw that these thieves did not stop only at David's building. That same morning, they attempted another robbery in the Vaucresson area of western Paris. There, unfortunately, a civilian was attacked.
However, the French police took action very quickly. They tracked the stolen phones and analyzed CCTV footage to see that the suspects were heading towards Lyon by train. The police finally arrested the three of them at Lyon Perrache station. The whole operation was like a movie, where the Paris Anti-Banditry Brigade and the Transport Police worked together.
My personal analysis: The risk of "wrench attacks" or physical attacks is increasing
After reading this news, I was thinking a little deeper. Those of us who work with crypto are always worried about phishing attacks or hacking. But what is happening in France is called a "wrench attack" in the crypto community. That is, hackers, if they can't steal your coins online, come to you in person and try to get your private key or password by intimidating or beating you.
This trend has been very common in France lately. In the past year (2025-2026), several crypto holders and entrepreneurs have been kidnapped or attacked. I think that with the increase in the price of cryptocurrency, criminals are now choosing physical attacks as an easier way than technical hacking. This is an alarming sign for all of us.
Current status of Binance and relations with France
Another thing that has come to my attention is that times are not going well for Binance. On the one hand, this attempted physical attack on their CEO, and on the other hand, their legal troubles with the French government. I was watching the news a little later—the French government has intensified its investigation into money laundering and tax evasion against Binance. This investigation has even become more difficult in early 2025. In the meantime, such an attack on the CEO will undoubtedly increase the mental pressure on Binance management.
Finally, I would like to say that this incident shows us that if you are a crypto holder or work in this industry, you should pay attention to not only digital security, but also your physical security. Showing off your status or wealth on social media has become quite risky now.
David Prince was lucky to survive this time because he was not at home and the thieves made a mistake. But not everyone can be so lucky.
What do you think about this issue? What level should the security of crypto holders actually go to? You can tell us in the comments. Everyone ,be careful.
