Binance employee hunted down in botched France home invasion as crypto wrench attack spike spreads

A botched home invasion in the Paris suburbs on Feb. 12 marked a tactical shift in crypto’s physical-threat or “wrench attack” landscape.

The target, according to French media reports, was the CEO of Binance France. Binance confirmed an employee was targeted and said the employee and family are safe.

Two phones were stolen before the suspects were arrested at Lyon Perrache station. The assailants reportedly entered the wrong residence first before moving to their intended target. This detail suggests…