According to Decrypt, a crypto investment executive and their family were attacked at home by three armed assailants in Verneuil-sur-Seine on Friday night. The family was beaten and bound with zip ties during the break-in.

The incident came just one day after another investor was kidnapped from their home near Cholet, assaulted, and later abandoned roughly 50 kilometers away. A recent surge in so-called “$5 wrench attacks” in France—where criminals use physical violence to force victims to hand over crypto assets—has intensified concerns over data leaks and personal security risks in the crypto sector.

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