Binance France CEO Targeted in Home Invasion Attempt: Report

A trio of criminals tried to rob the CEO of Binance France but only made off with two cellphones before being arrested later that day, a local resident said. news item from RTL News.

The report does not name the executive branch, but David Prinçay holds the role of CEO of Binance France. The director was not home when the intruders entered his home, and they fled shortly afterwards.

“We are aware of reports regarding one of our colleagues in France. He and his family are safe and working closely with law enforcement,” said Richard Teng, co-CEO of Binance. posted on X. “Authorities have informed us that three individuals have been arrested. The investigation remains active and we are fully cooperating.”

This is what a Binance spokesperson said Declutter that it “wouldn’t happen Please comment on specific details to protect the integrity of the ongoing investigation and ensure the safety of all individuals involved.”

According to the local news report, the attackers first entered another home in the building while asking for directions to the director’s apartment. The trio later used the same vehicle, captured on CCTV, to travel to another home. There they were reportedly overheard discussing an incorrect address before fleeing the scene.

Around this time, police were mobilized and the group was tracked by public transport before being apprehended and taken into custody at Lyon Perrache train station.

“Good to hear that David and his family are safe. This highlights the importance of security and privacy,” Binance co-founder and former CEO Changpeng Zhao posted on X.

The failed invasions were the latest in a series of attempted or completed crypto-related physical attacks in France, often referred to as “key attacks.” Last week, six people were arrested after the kidnapping of one magistrate and demands a crypto ransomplus multiple reported physical attacks occurred in January.

Last month, a cybersecurity expert said Declutter that France has experienced “one of the most visible waves of violent, crypto-related kidnappings and extortion attempts in the EU.” It was also home to one of last year’s most high-profile wrench attacks, involving the kidnapping of another crypto managerLedger co-founder David Balland.

A database of wrench attacks compiled by Casa co-founder and chief security officer Jameson Lopp lists fourteen physical wrench attacks since the start of the year, eleven of which occurred in France.

Wrench attacks increased 75% year-over-year in 2025 and reached a record high in confirmed crypto losses, totaling nearly $41 million, according to a report from blockchain security company CertiK.