French authorities are preparing new security measures to protect cryptocurrency holders amid a rise in abductions and "wrench" attacks, authorities reported.

Since 01.01.2026 the country recorded 41 such incidents, averaging one case every 2–3 days and prompting urgent policy action.

Government measures

The government has launched a preventive platform designed to collect reports and coordinate immediate responses across regions and agencies.

Officials say the platform aims to accelerate notifications to law enforcement and provide guidance for victims on securing digital access to assets.

Incidents and trends

Authorities describe "wrench attacks" as incidents in which perpetrators use force or threats to coerce owners into revealing private keys or passwords to crypto wallets.

The recorded pattern of 41 assaults since 01.01.2026 indicates a frequency that has raised concern among both regulators and consumer protection bodies.

Cooperation with industry and law enforcement

Paris officials are developing a stricter protection plan in coordination with crypto businesses and law enforcement to reduce victimization and improve investigations.

The joint work includes measures to harden custodial practices, streamline incident reporting channels and share forensic information while respecting legal safeguards.

Next steps

Authorities expect the coordinated framework to include technical guidance for service providers and protocols for cross-agency response to violent extortion attempts.

Officials did not disclose a detailed timetable but indicated that the preventive platform will be augmented as part of the forthcoming package of measures.