Binance Confirms 3 Arrested In France Executive’s Home Invasion — Details

bitcoinistОпубліковано о 2026-02-14Востаннє оновлено о 2026-02-14

Анотація

Binance France's head was targeted in a home invasion on February 12. Three armed, hooded individuals broke into a Val-de-Marne apartment, initially entering a neighbor's home to locate the executive's residence. They stole two mobile phones but were later arrested during a second break-in attempt in Hauts-de-Seine. Police recovered the phones and a vehicle linked to the crime. Binance co-founder Yi He confirmed the incident, stating the executive and his family are safe and cooperating with authorities. This attack aligns with a reported 75% global increase in crypto-related wrench attacks in 2025, with France experiencing 19 such cases last year.

According to local reports, the head of Binance France was the victim of a home invasion on Thursday, February 12. In the latest development, three individuals connected to the break-in have been arrested by the French police.

Binance Co-Founder Confirms Break-In And Police Arrests

In a Friday report, local media outlet RTL revealed that three hooded individuals carrying weapons tried to enter an apartment in Val-de-Marne, a department bordering Paris, the French capital city. The suspects initially broke into another resident’s apartment, demanding directions to the home of the head of Binance France.

According to RTL, the suspects searched the Binance France executive’s apartment and made off with two mobile phones. However, the three individuals were reportedly apprehended during a second home break-in attempt in Hauts-de-Seine, another department bordering Paris.

RTL reported that local law enforcement recovered the stolen mobile phones and a vehicle linking the suspects to the home invasion of the Binance France executive. While no identity was explicitly revealed in the report, it is worth 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 service officer at Binance, who shared on the social media platform X that the executive and his family are safe and actively cooperating with law enforcement.

Source: @heyibinance on X

He said on X:

We understand that three individuals connected to this matter have been arrested by authorities. The investigation remains ongoing, and we are continuing to cooperate fully. We would also like to sincerely thank the BRB (Brigade de Répression du Banditisme) for their swift and professional action in responding to this situation.

Crypto Wrench Attacks Jump 75% In 2025: CertiK

Wrench attacks refer to physical (often violent) attempts to force cryptocurrency investors to hand over their digital assets. According to blockchain security firm CertiK, this form of attack has seen a significant rise over the past year, seeing a 75% climb to reach 72 confirmed worldwide cases.

In 2025, crypto-wrench attacks accounted for about $40.9 million in confirmed cases, with Europe bearing 40% of all the attacks. France led last year’s numbers, with 19 confirmed cases of wrench attacks in the country

This wrench attack number seems certain to increase for France this year, as the breach of the Binance executive’s home happened only a few days after local police arrested six people over the abduction of a crypto entrepreneur’s partner and her mother in a crypto-linked ransom attack.

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QWhat happened to the head of Binance France on February 12th?

AThe head of Binance France was the victim of a home invasion by three hooded, armed individuals who broke into his apartment and stole two mobile phones.

QHow many suspects were arrested in connection with the home invasion, and by whom?

AThree suspects were arrested by the French police, specifically the Brigade de Répression du Banditisme (BRB), during a second home break-in attempt.

QWhat is a 'wrench attack' in the context of cryptocurrency, and what was the reported increase in such attacks in 2025?

AA 'wrench attack' is a physical, often violent, attempt to force a cryptocurrency investor to hand over their digital assets. According to CertiK, these attacks saw a 75% increase in 2025, with 72 confirmed cases worldwide.

QWhich country had the highest number of confirmed wrench attacks in 2025, and how many did it have?

AFrance had the highest number of confirmed wrench attacks in 2025, with 19 reported cases.

QWho confirmed the incident and the safety of the Binance France executive and his family?

AYi He, the co-founder and chief customer service officer of Binance, confirmed the incident on the social media platform X, stating the executive and his family are safe and cooperating with law enforcement.

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