Crypto Events Canceled in France Amid Spate of Violent Attacks on Holders
Two major crypto events, NFT Paris and RWA Paris 2026, were canceled due to a market downturn and safety concerns following a string of violent physical attacks targeting crypto holders across France, which has seen over 20 such incidents. While organizers cited financial challenges, the atmosphere of fear created by the attacks was a significant underlying factor impacting public participation.
The attacks are part of a global trend of "wrench attacks," where criminals use physical violence and torture to force victims to hand over access to their digital assets. France, in particular, has become a hotspot, with at least 18 recorded cases across the country reported between July 2024 and November 2025 alone.
Key Insights
Growing Physical Threat: The danger in the crypto community has shifted from primarily financial risks (scams, market collapses) to physical threats, including kidnappings and home invasions.
High-Profile Victims: Targets have included high-net-worth individuals, executives of firms like Ledger and Paymium, and their family members.
Modus Operandi: Criminals often conduct surveillance, sometimes using information found in public databases or social media, to identify vulnerable individuals.
Location Dispersed: Incidents have occurred in various locations across France, including Paris, Normandy, Nantes, and Essonne, suggesting a widespread issue rather than being confined to a single city.
Industry Response: The rise in violence has led some crypto executives to significantly upgrade their personal security and prompted industry leaders to meet with French authorities to discuss safety measures.
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