According to The Block, data from blockchain analysis firm Chainalysis shows that violent robberies targeting cryptocurrency holders in the first half of 2026 have resulted in losses exceeding $30 million. If the trend continues through the second half of the year, the annual total could surpass the historical peak of $58 million recorded in 2025. France has become the world’s largest hotspot for “wrench attacks,” with 30 publicly reported cases in the first half of 2026; however, France’s Minister of the Interior stated that the actual number exceeds 70 cases. Chainalysis attributes this surge to a 2024 data breach by France’s tax authorities, in which a tax official allegedly stole and sold the names, addresses, holdings, and tax records of high-net-worth cryptocurrency holders. This led to a sharp increase in attack frequency—from an average of 1.9 incidents per month in 2025 to 4.6 per month in the first half of 2026. The methods have also grown more severe: cases targeting family members rather than the holders themselves now account for over 40% of incidents in France, while home invasions have risen from 14% in 2025 to 37%. Stolen funds are typically quickly deposited on-chain, often laundered through decentralized exchanges and cross-chain bridges; advanced criminal networks are even linked to cartel money laundering and terrorist financing channels.
Chainalysis reports over $30 million in crypto-related violent robberies in 2026, with France as the epicenter.
TechFlowShare
Chainalysis reports over $30 million in crypto-related violent robberies in 2026, with France as the epicenter. The firm cites 30 publicly documented cases in H1 2026, but the French Interior Minister states the actual number exceeds 70. A 2024 data breach involving French tax officials is linked to the rise in attacks against high-net-worth crypto holders. Crypto analysis reveals that 40% of attacks now target family members, and home invasions have nearly doubled to 37%. If current trends continue, crypto market losses could surpass $58 million by year-end.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
