Binance France President Targeted in Armed Kidnapping Attempt

Armed men attempted to break into the home of Binance France President David Prinçay on Thursday morning, marking the latest in a growing wave of crypto-linked attacks across France.

According to French outlet RTL, three hooded individuals entered a residential building in the Val-de-Marne region around 7:00 a.m. on February 12. They were reportedly armed and searching for Prinçay’s apartment.

However, the attackers fled after discovering he was not at home.

The head of Binance France was targeted in a failed home invasion on February 12.

According to RTL, three masked suspects fled after finding him absent and were later arrested in Lyon. pic.twitter.com/bsAv4Lntet

Local reports suggested the group first forced another resident to help them locate the correct apartment. Police said the suspects searched the Binance executive’s residence before leaving with two stolen phones.

Shortly afterward, at approximately 9:15 a.m., police in Hauts-de-Seine responded to another incident. A resident in Vaucresson reported being struck in the head with rifle butts by hooded men.

Authorities later linked the two events.