In accordance with native experiences, the pinnacle of Binance France was the sufferer of a house invasion on Thursday, February 12. Within the newest improvement, three people linked to the break-in have been arrested by the French police.
Binance Co-Founder Confirms Break-In And Police Arrests
In a Friday report, native media outlet RTL revealed that three hooded people carrying weapons tried to enter an condominium in Val-de-Marne, a division bordering Paris, the French capital metropolis. The suspects initially broke into one other resident’s condominium, demanding instructions to the house of the pinnacle of Binance France.
In accordance with RTL, the suspects searched the Binance France govt’s condominium and made off with two cell phones. Nonetheless, the three people had been reportedly apprehended throughout a second dwelling break-in try in Hauts-de-Seine, one other division bordering Paris.
RTL reported that native legislation enforcement recovered the stolen cell phones and a automobile linking the suspects to the house invasion of the Binance France govt. Whereas no id was explicitly revealed within the report, it’s price mentioning that David Princay is the president of Binance’s French unit.
Now, this report has been confirmed by Yi He, the co-founder and chief customer support officer at Binance, who shared on the social media platform X that the chief and his household are secure and actively cooperating with legislation enforcement.
Supply: @heyibinance on X
He mentioned on X:
We perceive that three people linked to this matter have been arrested by authorities. The investigation stays ongoing, and we’re persevering with to cooperate absolutely. We might additionally wish to sincerely thank the BRB (Brigade de Répression du Banditisme) for his or her swift {and professional} motion in responding to this example.
Crypto Wrench Assaults Bounce 75% In 2025: CertiK
Wrench assaults confer with bodily (typically violent) makes an attempt to drive cryptocurrency traders at hand over their digital belongings. In accordance with blockchain safety agency CertiK, this type of assault has seen a big rise over the previous 12 months, seeing a 75% climb to succeed in 72 confirmed worldwide circumstances.
In 2025, crypto-wrench assaults accounted for about $40.9 million in confirmed circumstances, with Europe bearing 40% of all of the assaults. France led final 12 months’s numbers, with 19 confirmed circumstances of wrench assaults within the nation
This wrench assault quantity appears sure to extend for France this 12 months, because the breach of the Binance govt’s dwelling occurred just a few days after native police arrested six individuals over the kidnapping of a crypto entrepreneur’s associate and her mom in a crypto-linked ransom assault.
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