A 35-year-old magistrate and her 67-year-old mother were rescued on February 6, 2026, after being held captive for nearly 30 hours in a garage in Bourg-lès-ValenceA 35-year-old magistrate and her 67-year-old mother were rescued on February 6, 2026, after being held captive for nearly 30 hours in a garage in Bourg-lès-Valence

French Magistrate and Mother Rescued After Bitcoin Ransom Kidnapping in Targeted Crypto Attack

2026/02/09 19:18
3 min read

A 35-year-old magistrate and her 67-year-old mother were rescued on February 6, 2026, after being held captive for nearly 30 hours in a garage in Bourg-lès-Valence.

French authorities confirmed that the abduction was part of a targeted cryptocurrency ransom plot, underscoring the growing physical security risks tied to digital assets.

The kidnapping began in the early hours of February 5 in Saint-Martin-le-Vinoux, near Grenoble, and was not random.

How the Abduction Unfolded

Investigators say the magistrate was targeted specifically because her partner holds a senior position at a cryptocurrency start-up. At approximately 3:00 AM, masked individuals forced their way into the home, abducted both women, and placed them in the trunk of a vehicle.

The kidnappers then drove the victims roughly 100 kilometers south to a locked garage in Bourg-lès-Valence, where they were held overnight.

Shortly after the abduction, the perpetrators contacted the partner, sending a photo of the victims and demanding a ransom of €1.6 million in Bitcoin. The message included explicit threats of mutilation if the payment was not made swiftly, escalating the pressure on the family.

Escape Without Ransom Payment

Despite the severity of the threats, no ransom was paid. On Friday morning, the two women managed to free themselves from confinement and alert a passerby by banging on the garage door and screaming for help. Emergency services were called, and both victims were rescued without life-threatening injuries.

Arrests After Large-Scale Manhunt

French police launched a major operation involving around 160 officers. Within hours, authorities arrested six suspects, including four men, one woman, and a minor. Two of the suspects were detained while attempting to flee to Spain by bus, according to law enforcement sources.

The suspects are now facing charges related to kidnapping, extortion, and organized criminal activity.

Circle and Tether Control Nearly 85% of the Stablecoin Market

Part of a Broader Rise in “Wrench Attacks”

This case is part of a sharp rise in so-called “wrench attacks” in France—incidents involving physical violence, kidnapping, or coercion aimed at forcing victims to hand over cryptocurrency.

According to security reports, such attacks have increased by approximately 75% in 2026 compared to the previous year. France has emerged as a major hotspot, accounting for a significant share of the roughly 40% of global wrench attacks occurring in Europe.

Several high-profile cases have already highlighted the trend, including the kidnapping of David Balland in January 2025 and the abduction of the father of a crypto millionaire later that same year.

A Growing Physical Risk for the Crypto Sector

The incident reinforces warnings from law enforcement that as cryptocurrency wealth becomes more widespread, criminals are increasingly turning to offline, physical extortion rather than purely digital theft.

French authorities continue to urge heightened personal security measures for individuals and families connected to the crypto industry, noting that operational security failures now carry real-world consequences.

The post French Magistrate and Mother Rescued After Bitcoin Ransom Kidnapping in Targeted Crypto Attack appeared first on ETHNews.

Market Opportunity
MOTHER IGGY Logo
MOTHER IGGY Price(MOTHER)
$0.001262
$0.001262$0.001262
+3.10%
USD
MOTHER IGGY (MOTHER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
KAS Weekly Analysis Feb 10

KAS Weekly Analysis Feb 10

The post KAS Weekly Analysis Feb 10 appeared on BitcoinEthereumNews.com. KAS continues its downtrend with a weak performance, down 7.01% weekly; RSI at 38 signals
Share
BitcoinEthereumNews2026/02/10 11:36