Addressing the Rising Physical Threats to Crypto Leaders:
The Case of David Prinçay
Recent reports have confirmed an attempted home invasion targeting David Prinçay, CEO of Binance France. While the intruders managed to breach the premises in Val-de-Marne, they failed to locate Mr. Prinçay. Following a series of errors, the suspects were apprehended by French law enforcement at a Lyon train station within the same day.
This incident is a sobering reminder of the "wrench attack" trend—physical coercion used to compromise digital assets. According to recent data, these incidents surged by 75% in 2025, with France appearing as a primary target.
Our thoughts are with David and his family. This event highlights the necessity for industry leaders and high-net-worth holders to prioritize physical privacy alongside digital security.