Five Convicted for Kidnapping and Torturing French Cryptocurrency Millionaires in London for $150,000 Ransom

Five individuals have been found guilty of kidnapping and torturing two French cryptocurrency millionaires in London, demanding a ransom of $150,000. The victims were held for 52 hours, subjected to abuse, and coerced into paying $30,000 in cryptocurrency. CertiK reported 34 similar incidents of wrench attacks in early 2026, indicating a significant increase in kidnapping cases targeting Bitcoin holders. Recent attacks have also been associated with data breaches at cryptocurrency service providers.
Five individuals have been found guilty of kidnapping and torturing two French cryptocurrency millionaires in London, demanding a ransom of $150,000. The victims were held for 52 hours, subjected to abuse, and coerced into paying $30,000 in cryptocurrency. CertiK reported 34 similar incidents of wrench attacks in early 2026, indicating a significant increase in kidnapping cases targeting Bitcoin holders. Recent attacks have also been associated with data breaches at cryptocurrency service providers.
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The rise in violent crimes targeting cryptocurrency holders raises concerns about security, potentially deterring investment in Bitcoin.
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