French authoritieshave charged 88 suspects in a series of violent crypto-related attacks, withmore than 10 identified as minors. The cases span 12 ongoing judicialinvestigations led by specialized magistrates at the Paris Judicial Court. TheNational Organized Crime Prosecutor’s Office said 75 of those charged have beenplaced in pre-trial detention.SingaporeSummit: Meet the largest APAC brokers you know (and those you still don't!).Security risks in thecrypto sector have included both cyber and physical threats. Exchange breachessuch as the Bybithack in February 2025 exposed vulnerabilities in trading platforms, whilewider data leaks have affected personal information of millions of users.Authorities have warned that such digital exposures can, in some cases, belinked to real-world targeting.Wrench Attacks Rise Across FranceThe charges includekidnapping, unlawful confinement, extortion, and money laundering carried outby organized gangs. Vanessa Perrée, National Prosecutor for Organized Crime atthe French Ministry of Justice, outlined the scope of the offences. Officialssaid the cases reflect a broader rise in so-called “wrench attacks,” wherevictims are forced to hand over crypto assets under threat or violence.Law enforcementrecorded 135 such incidents since 2023, including 18 cases in 2024, 67 in 2025,and 47 already in 2026. Authorities said the pattern points to “structuredcriminal networks” operating across the country.France Charges 88, Including Minors, in Crypto ‘Wrench Attack’ Crackdownhttps://t.co/sbq3TF8JNA— Decrypt (@DecryptMedia) April 27, 2026Global Wrench Attacks Hit Record HighRecent arrestshighlight the ongoing investigations. Three men aged between 25 and 30 weredetained over a November 2025 kidnapping in Challes-les-Eaux. Days later, threemore suspects were arrested in connection with a separate December case inDompierre-sur-Mer. Two of them have already been charged. All six individualsare now in pre-trial detention.Data from CertiK showswrench attacks reached a record 72 incidents globally in 2025, rising 75% yearon year. Losses exceeded $40.9 million. Europe accounted for more than 40% ofcases, led by France with 19 incidents, compared to eight in the United States.This article was written by Tareq Sikder at www.financemagnates.com.