Three Arrested After Binance France Employee Home Break-In

Replace Feb. 13, 1:44 pm UTC: This text has been up to date to incorporate a remark from Yi He, the co-founder and chief customer support officer at Binance.

Three suspects have been arrested in France after a reported break-in focusing on the house of a senior determine at Binance’s French unit, with the corporate confirming to Cointelegraph that certainly one of its staff was the sufferer of a house invasion.

Native outlet RTL, citing nameless police sources, reported that three hooded people carrying weapons tried to enter an condominium in Val-de-Marne round 7:00 am CET Thursday.

RTL mentioned the suspects first compelled their approach into the condominium of one other resident, demanding they direct them to the house of the top of Binance France. RTL reported the suspects searched the condominium and stole two cell phones earlier than fleeing.

Two hours later, the three suspects have been reportedly arrested throughout a second residence invasion try in Hauts-de-Seine after residents alerted authorities. Authorities recovered the stolen telephones and a automobile that RTL mentioned linked the suspects to the sooner break-in.

Binance confirms worker focused in residence invasion

Binance confirmed the incident to Cointelegraph however declined to establish the worker concerned.

“We’re conscious of a house break-in involving certainly one of our staff. There’s an ongoing investigation with the native police,” a Binance spokesperson mentioned. “The security and well-being of our staff and their households is our absolute precedence. We’re working intently with regulation enforcement and additional enhancing applicable safety measures.”

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David Prinçay is the president of Binance France, however Cointelegraph was unable to independently confirm the identification of the worker focused within the break-in. Binance declined to supply additional particulars, citing the continuing investigation and security issues.

“We will affirm that he and his household are secure and actively working with regulation enforcement, wrote Yi He, the co-founder and chief customer support officer at Binance, expressing gratitude for the swift response of the French police’s elite unit, the Brigade de Répression du Banditisme.

Crypto wrench assaults rise 75% in 2025; France sees most assaults

The assault occurred days after French police arrested six individuals over the kidnapping of a Justice of the Peace and her mom in a crypto-linked ransom assault focusing on the Justice of the Peace’s companion, a crypto entrepreneur, Cointelegraph reported on Monday.

Bodily assaults focusing on cryptocurrency buyers, often known as “wrench assaults,” have risen over the previous yr. Wrench assaults elevated by 75% during 2025 to 72 verified circumstances worldwide, in keeping with cybersecurity platform CertiK.

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Wrench assaults accounted for not less than $40.9 million in confirmed losses in 2025, however the worth may very well be a lot bigger attributable to unreported incidents, in keeping with CertiK.

France recorded the most important variety of assaults final yr, with 19 confirmed incidents, whereas Europe accounted for about 40% of all assaults globally in 2025.

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