Binance France head targeted in botched home invasion as three arrested: report
Summary
David Princay, the head of Binance France, was the target of a failed home invasion on Thursday morning in Val-de-Marne by three masked, reportedly armed men who forced entry but failed to locate him, only managing to steal two mobile phones. The same group allegedly attempted a second home invasion in Vaucresson shortly after, targeting the executive again but reportedly using the wrong address. French police tracked the suspects using surveillance footage and tracing the stolen phones, leading to their arrest later that day at Lyon Perrache station. This incident adds to a growing trend in France of "wrench attacks," where physical force or threats are used to obtain crypto assets, with several other high-profile crypto-linked crimes documented throughout 2025.
(Source:The Block)