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France Charges 88 Suspects as Crypto Wrench Attacks Rise, Durov Alleges Complicity

Criminal holding Bitcoin symbol. France Charges 88 Suspects as Crypto Wrench Attacks Rise, Durov Alleges Complicity

Numerous people have had their digital money stolen due to an epidemic of violent crypto wrench attacks in France, where victims are threatened, kidnapped, or tortured and forced to give up their digital assets. Pavel Durov, Telegram’s founder, posted on X, claiming that the reason for these crimes may stem from government corruption, stating that members of the French tax authority are “selling” the personal data of crypto hedge fund managers to criminals.

Crypto Crime Surge

Durov stated that French authorities have not done anything about the “massive” number of citizens whose personal information and tax records have been compromised because they are benefiting from these leaks into the French government database. At the same time, France’s anti‑organized crime prosecutors announced that they have charged 88 individuals with involvement in kidnappings related to crypto theft, two of which are high-profile cases. The first case being that of Ledger Co-Founder David Balland, who was kidnapped in 2025, and the second is the daughter of Pierre Noizat, who is the founder of Paymium and was also the victim of an attempted kidnapping.

France Charges 88 Suspects as Crypto Wrench Attacks Rise, Durov Alleges Complicity: France has charged 88 suspects in a wave of violent kidnappings targeting wealthy crypto investors, with a tax official allegedly leaking sensitive data.
Press release of the Parquet National Anti-Criminalité Organisée. (Source: LinkedIn)

The Role of the Tax Official

Ghalia C., A tax official, has been accused of illegally accessing state software in order to obtain the addresses and assets of crypto investors so he could sell this data on to organized crime groups, according to an article in Le Parisien. The National Agency for Secure Documented Information has also reported an incident potentially exposing personal and professional account data on a government portal.

France Charges 88 Suspects as Crypto Wrench Attacks Rise, Durov Alleges Complicity: France has charged 88 suspects in a wave of violent kidnappings targeting wealthy crypto investors, with a tax official allegedly leaking sensitive data.
Source: Le Parisien

So far, crypto wrench attacks represent a shift from digital theft to physical violence. Victims are targeted not through hacking but through tracking, surveillance, and brute force. The possibility that a member of a financial authority/state organisation could be involved with organized crime is extremely serious, and suggests that organized crime is now operating within the systems designed to provide protection to citizens. 

What Comes Next

French authorities state that they are in a “period of increased caution” concerning this new type of organized crime. The French Finance Ministry has yet to comment on Durov’s allegations. Meanwhile, Durov is currently entangled in a different legal battle with the French government regarding Telegram’s moderation policy, which he claims is being used to pressure him on political censorship.

Final Take

First, they hacked your crypto. Now they're breaking down your door. With 88 suspects charged, a tax official accused of selling data, and Pavel Durov screaming "I told you so," France's crypto wrench attacks are a terrifying reminder: in crypto, the biggest vulnerability isn't a smart contract bug. It's your home address. Stay safe out there. And maybe invest in a good alarm system. Just saying.

Disclaimer: All content provided on Times Crypto is for informational purposes only and does not constitute financial or trading advice. Trading and investing involve risk and may result in financial loss. We strongly recommend consulting a licensed financial advisor before making any investment decisions.

A Web3 Journalist at TimesCrypto with a knack for turning complex ideas into engaging stories. With a solid Tech background, Alan has led teams to create and refine impactful projects across industries, working in firms such as IBM, Cisco Systems, and Telecom. He’s passionate about Blockchain, Finance, Science, bringing a unique blend of technical expertise and creative flair to every piece he writes. When he’s not crafting content, you’ll find him diving deep into research or just having some fun!

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