Safety First

[AVE5]

I am interested in whether he was targeted to crypto-related reasons or any others. More research is needed.

That was a very nice observation. It's also ridiculous how fuckup hits crypto owners and influencers and speculatios could just take it up that it's due to crypto related effect.
But they exaggerates differently when similar incident happens to no-coiner. I hope these are not part of events that tarnishes the reputation of crypto just as those who also says crypto is an monetary technology to help scammers scale through their illegal activities.
But while it's untold about if the attack was due to crypto or not, we can give it a benefit of doubt that since he's a well known crypto person and a binance exchange official in that matter, it could be possible that his visibility about crypto did exposed him and family to that risk.

[Cleanslate_]

Being safety in whatever we do is very Paramount and cannot be overemphasize,, therefore as we deal in cryptocurrency mainly bitcoin, most scammers and fraudsters are out there looking for bitcoinners that will be there prey, therefore we need to know the website we choose and use for various activities online, not everything about you, you should share online, use a registered web sites.

[sheenshane]

Fame in crypto hits differently, OPsec is not digitally anymore, staying low profile must be everyone's first priority as crypto adoption keeps increasing every day.
Always stay low profile, safety practices first before anything else.

That's why Bitcoin was created, just because to provide anonymity and protect your privacy.
When we hold a large number of bitcoins, we shouldn't expose that to the public, as it could attract unwanted attention from those bad actors looking for a good opportunity.
I agree with keeping a low profile and avoiding exposing holdings on social media, especially for us a simple investors who can't avoid providing strong security.

But the OP's story is different.
The victim of a wrench attack is wealthy and very well known on social media; it's impossible for him to keep a low profile.
Perhaps increasing his security is the real solution.

[Strongkored]

He was targeted because he was wealthy, so if he didn't own crypto but was wealthy, he would likely also be targeted. However, because he was known for his work related to crypto, news stories linked it to him.
Security is crucial not only in the crypto world, but in everything, so avoid publicly displaying your assets if you don't want to become a target.

[Josefjix]

Why this crypto attack always happening in France at the time, it's always in France this incidence occurs many times, is the security body in France aware of the attack before happening? Are they working as an insider, it's not longer funny why crypto big holders always get attacked by random gunmen. France government should look into their digital protection techniques, I may not be wrong if this attackers be aware and change hands.

[Zaguru12]

He was targeted because he was wealthy, so if he didn't own crypto but was wealthy, he would likely also be targeted. However, because he was known for his work related to crypto, news stories linked it to him.
Security is crucial not only in the crypto world, but in everything, so avoid publicly displaying your assets if you don't want to become a target.

I think the news outlets this days are actually trying to use this new narrative of anyone holding bitcoin is the reason they were attacked simply to actually scare more people off investing into bitcoin. While I am always on the side that you should never flaunt your crypto asset I think it is not always about crypto asset because many of this attacks have been happening right before even the inception of cryptocurrency but why has the media stream houses actually single out this particular asset as the only one listed for attack, I am super sure most of these victims have other assets worth more than crypto.

The reason why you see the houses always showing bitcoin and crypto is to paint it bad on the news such the it will be bad people always hunt for crypto holders. In the past this type of news was actually not alarming but seriously this constant trend of attacks for holding bitcoin or cryptocurrency is actually a media witch hunt to create fear or panic again in the market.

[yhiaali3]

This is truly unfortunate. According to a CertiK report these crimes are no longer rare. They have become a real threat linked to digital wealth with 72 documented cases of attacks worldwide in 2025.
https://www.rootdata.com/news/531741

Privacy has become a critical issue in the crypto world because it's no longer just about losing money it's now a threat to people's lives and families. So, those who boast about their crypto holdings should keep quiet.

[Saltysugar99]

This type of problem has increased day by day. Especially after 2020, the trend of kidnapping crypto holders and snatching their crypto assets has increased all over the world. Especially as a result of p2p transactions, many people give others an idea about the condition of their crypto assets. Also, due to sudden changes in their lives and discussions about crypto assets in various fields, privacy may not  be right . Due to this, at the end of the day, they have to face losses.

[Alpha Marine]

They COULD be painting a narrative but it would be very dubious to stage so many of them.  Unless they were simply victims of a theft and the media is painting a 'Bitcoin is at fault for this' narrative.

That is exactly the narative being painted.
I understand that people get target becasue of their crypto too, but not now, anybody that is a victim of robbery, or violent atack attack, the media first mentions his bitcoin involvmnet before while talking about the crime, making it seem like Bitcoin is the reason he was attacked. So now the narrative is, "if you dont want to be atacked, dont hold bitcoin"
Same thing is being done with the Nancy Guthrie kidnapping. The fact that the kidnappers are demading ransom paymnet is Bitcoin is been used as an agenda against Bitcoin, but they fail to mention that kidnapping with ransom has been going on for decades before Bitcoin was even invested and even after Bitcoin, ransom is being demanded in fiat.

[KiaKia]

Why this crypto attack always happening in France at the time, it's always in France this incidence occurs many times, is the security body in France aware of the attack before happening? Are they working as an insider, it's not longer funny why crypto big holders always get attacked by random gunmen. France government should look into their digital protection techniques, I may not be wrong if this attackers be aware and change hands.

We knew about this because it was talked about in the public, I heard about it from CZ first but don't be fooled that this is only happening in france, wrench attacks have happened several times in my country and if you can just do some research you will see similar news in the United states and also UK.

Just because its not happening in your city or to anyone you know doesn't mean its not happening in your country yet, I have read a lot of wrench attacks even in India and other developing country.

Precaution is going to be better than cure always.

[Outhue]

He was targeted because he was wealthy, so if he didn't own crypto but was wealthy, he would likely also be targeted. However, because he was known for his work related to crypto, news stories linked it to him.
Security is crucial not only in the crypto world, but in everything, so avoid publicly displaying your assets if you don't want to become a target.

People who are not as wealthy as he is are been targeted in my country, it has nothing to do with the money but crypto, those who go around telling the world about crypto can easily be under surveillance by criminals, they must have some crypto assets in holding,  this is what will come to their mind.

Talking about crypto in the public is now more dangerous than talking about Fiat, maybe this is because criminals believe that can get away and never get caught if what they stole is crypto, unfortunately this is just the beginning because almost everyone is now into crypto investment, it is now on people to either expose themselves or safe themselves.

[PrivacyG]

I understand that people get target becasue of their crypto too, but not now, anybody that is a victim of robbery, or violent atack attack, the media first mentions his bitcoin involvmnet before while talking about the crime, making it seem like Bitcoin is the reason he was attacked. So now the narrative is, "if you dont want to be atacked, dont hold bitcoin"

To be honest with you.  I thought about this subject for a while now and I rather believe if they had a plan to demolish a Cryptocurrency, they would attack Monero instead of Bitcoin.  Bitcoin has Blockchain Analysis, it has most of the people using Know Your Customer enabled accounts, it is traceable.  Ironically, a lot of these people believe they will be as hidden in Bitcoin as they would be in Cash and they use Bitcoin with out even knowing every single step leaves a strong trace behind.

Why would they attack Bitcoin if they can probably track down most of the Bitcoin users when they have much bigger problems to deal with such as Monero instead?

[Josefjix]

But how do we spread the word about bitcoin to make more people join the as it has become a thing of security concern talking about cryptocurrency in public? These days people do not care how much you have in cryptocurrency, the moment they know you are into it, they will assume that you are rich.

Unless you are developing things Bitcoin related or it is related to your job, I would not talk about Bitcoin around people for the same reason I would not talk about purchasing Gold Bars in the middle of a Mall.

Your word convincing one more person is not worth risking your properties or your life in my opinion.  You may believe other wise.  Keep Bitcoin to your self, there is no real positive thing to gain out of bragging about it.

It gives me headache sometimes when I see people preaching about Bitcoin, the reason is because, there is no referral bonus for bringing someone into buying Bitcoin, or Satoshi be paying you gift for doing so, it's just personal type of shit.

Once I confirmed that my effort to convincing people into coming to Bitcoin won't generate me profit, or earning through the referral bonus on cex since I'm not an influencer, I stopped the act.

It's dangerous doing so.

[bitcoindusts]

It gives me headache sometimes when I see people preaching about Bitcoin, the reason is because, there is no referral bonus for bringing someone into buying Bitcoin, or Satoshi be paying you gift for doing so, it's just personal type of shit.

Probably because these people are passionate about Bitcoin.  As long as they do not flaunt their Bitcoin holdings, I think they are safe.  but the moment they bragged about how huge their bitcoin holdings is, they are f*cked up.

Once I confirmed that my effort to convincing people into coming to Bitcoin won't generate me profit, or earning through the referral bonus on cex since I'm not an influencer, I stopped the act.

It's dangerous doing so.

True, unless you have an app or enrolled in an affiliate program, preaching about Bitcoin is a waste of time, unless you take fond on sharing the opportunities and good things about Bitcoin.  And as long as we do not show our holdings to people, I think we are safe from people who have ill-intention.  But I think creating a social media channel and presenting facts about Bitcoin without using our real name and showing ourselves is the safer way if we are very passionate on educating people about BTC.

[Stalker22]

Welcome to the real world: Wealth is a target.  Whether you have a vault full of gold bars or a seed phrase tucked in your sock, if people know you ae loaded, you are a mark.  So lets stop pretending this is some freak occurrence.  This isnt the first "Bitcoin physical attack," and it sure as hell wont be the last.

Privacy isnt just a "cypherpunk ideal" anymore; its a survival tactic.  At least it should be.  If the neighborhood or strangers on the internet knows you have $1M in a digital wallet, you have essentially painted a target on your front door.

[uchegod-21]

One thing about being a bitcoin investor is that, once people know you invest in bitcoin, they will automatically assume that you are rich. They do not really care to know how much bitcoin you have to your name. This very mentality is what puts bitcoin investors at risk. Not all attacks on bitcoin investors are linked to their bitcoin ownership, but then, op has a point in what he has said. As an investor, you need to understand your environment and the people there. In my environment, bitcoin investors are potential targets by criminals, scammers, and dependent friends and families. The best any investor can do for himself is to live a low profile life. Privacy should be taken seriously.

[Felicity_Tide]

Always stay low profile, safety practices first before anything else.

Well, if I'm to react by the image in the OP, considering the position the person occupies, and how popular he is, i think it is difficult for him and those in a similar category to maintain a low profile. We live in a world where people usually picture the strength of your finance with how influential you are, or what they think you do for a living. And that's why we can have a similar case for someone who isn't rich, but poses to be rich just to show off, and I think I have read a story like that sometime ago.

Those who are influential, and are heavily involved in crypto, needs to go extra mile in providing security for themselves. This is not the first time that a news relating to this is coming from France. Those that are not influential can easily help themselves by keeping a low profile, but it is hard to say the same for those that are well known, as they can be easily targeted.

[Alpha Marine]

Why would they attack Bitcoin if they can probably track down most of the Bitcoin users when they have much bigger problems to deal with such as Monero instead?

That is because they don't perceive Monero as a threat. So many people who know what Bitcoin is don't even know what Monero is. If Monero were as big as Bitcoin, they would have taken it seriously. If Bitcoin were a coin that had a $1 billion market value, I doubt any of them would care.

This shows that the governments are not against Bitcoin because of money laundering and crimes, as they always claim. They just do not want something they don't own and can't control. They're control freaks.

The main reason China bans Bitcoin is because theyre worried it would affect their currency. If more people begin paying for stuff with Bitcoin, it would affect the currency. China is a country where a lot of people from various countries buy things, and if these people are allowed to pay in Bitcoin or cryptocurrency, it would affect the demand for the Chinese yuan and would make the currency drop.
This is the same reason the US would never allow Bitcoin to be a currency. What do you think would happen to the US dollar if most of the international trades that demand USD no longer required USD? This is why they still want the dollar to remain the internationally traded and reserve currency.

[bitbollo]

I have seen many times these headlines cooming from France.
It's something curious because there is a clear increase of these crimes, or in general this is just one of the few countries in EU where I have seen these news.
If you walk around in any big city, you will see people exposing rich items or luxury - or people that handle high amount of cash...
Likewise in my city this has becoming really common for certain kinds of industry (night club, pubs etc...)
In this case, uhere are many investors/piooner - hence many people that risk these issues?
There are "cultural conditions" - likewise tech savy thiefs that know who are the targets?

[rodskee]

This is truly unfortunate. According to a CertiK report these crimes are no longer rare. They have become a real threat linked to digital wealth with 72 documented cases of attacks worldwide in 2025.
https://www.rootdata.com/news/531741

Privacy has become a critical issue in the crypto world because it's no longer just about losing money it's now a threat to people's lives and families. So, those who boast about their crypto holdings should keep quiet.

as crypto grows, so do the crimes

whatever is on demand or popular, the criminals will flock to and now crypto is no longer niche or mysterious so privacy can't be overemphasized at this point of time

do not learn this lesson the hard way