Wrench Attacks Surge 75% in 2025, France Leads in Reported Cases
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The attempted attack linked to Binance comes against a backdrop of rising crypto-related physical crimes. According to cybersecurity firm CertiK, wrench attacks increased by 75% in 2025, reaching 72 verified cases globally. These incidents accounted for at least $40.9 million in confirmed losses, though experts believe the true figure may be higher due to underreporting.
France recorded the highest number of reported cases last year, with 19 confirmed incidents, while Europe accounted for roughly 40% of global attacks. The recent arrest of six individuals in a separate crypto-linked kidnapping case in France further highlights the growing security risks facing high-profile individuals in the digital asset space.