Binance France home invasion: David Prinçay safe, three arrests
Binance France president David Prinçay was the target of an attempted home invasion in France; he and his family are safe, and police have arrested three suspects, as reported by Cointribune. The incident did not result in physical harm.
Public statements from Binance leadership indicate the break-in targeted a company executive and that the firm is supporting investigators while prioritizing the family’s privacy. No motive has been officially disclosed.
In France, such incidents are commonly described as home‑jacking, forced entry aimed at compelling access to valuables or digital assets. The investigation remains active.
The case highlights a broader rise in so‑called “wrench attacks”, physical coercion to obtain private keys or transaction approvals, affecting crypto professionals in France, according to Decrypt. This pattern elevates operational risk beyond cyber defenses.
Industry leaders have emphasized safety and privacy in the aftermath. “Good to hear David and his family are safe. This highlights the importance of safety and privacy,” said Changpeng Zhao, Binance co‑founder and former CEO.
Law enforcement response and Binance cooperation with BRB
The Brigade de Répression du Banditisme (BRB), a specialized anti‑banditry unit of the Paris police, is handling the investigation, according to Cointelegraph. Authorities continue to process evidence related to the attempted home‑jacking.
Binance has indicated it is cooperating fully with French authorities while supporting the colleague affected. Three arrests have been made, and inquiries are ongoing.
At the time of this writing, Coinbase Global (COIN) recently traded near $166.00 in after‑hours, based on data from Yahoo Finance. market pricing is unrelated to the investigation but offers contextual background.
Practical security steps for crypto stakeholders in France
Immediate personal and home-security precautions
Harden entry points with layered locks, cameras, alarms, and monitored response, and avoid predictable routines. Keep addresses, family details, and custody arrangements private. Store seed phrases offline in split locations; avoid large hot-wallet balances on personal devices.
How executives and investors can reduce exposure
Commission professional risk assessments and travel protocols, minimizing public disclosures that link identity to holdings or residences. Segregate duties and signing authority with multi‑sig, time‑locks, and hardware keys under institutional‑grade custody. Establish rapid liaison procedures with local police or the BRB.
FAQ about Binance France home invasion
How many suspects were arrested and what details are known about the investigation?
Three suspects were arrested. Investigators are gathering evidence, withholding sensitive details to protect privacy and procedure while assessing whether the case aligns with similar France‑based coercion attempts.
Which French authorities are handling the case and how is Binance cooperating?
The Brigade de Répression du Banditisme is leading. Binance is coordinating with French investigators and providing information and assistance as requested during the ongoing inquiry.
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Source: https://coincu.com/news/binance-confirms-france-exec-safe-as-brb-arrests-three/
