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France's Binance Executive Targeted by Home Invasion: Three Arrested

In a startling incident, the home of Binance France's executive was invaded on February 12.

Reports indicate that three armed individuals attempted to break into the executive’s apartment in Val-de-Marne, seeking his location first from another resident.

The suspects managed to access the Binance executive’s home, stealing two mobile phones before being intercepted during another attempted burglary in Hauts-de-Seine.

French law enforcement not only apprehended the suspects but also recovered the stolen items along with a vehicle linked to the invasion.

Binance co-founder Yi He confirmed the safety of the executive and his family on social media, emphasizing their cooperation with police in the ongoing investigation.

He expressed gratitude to the Brigade de Répression du Banditisme for their prompt response to the situation.

This incident adds to a concerning trend in France, where crypto-related crimes, such as wrench attacks, have dramatically increased.

CertiK, a blockchain security firm, reported a 75% rise in wrench attacks worldwide, signaling growing threats to cryptocurrency investors.

France accounted for the highest number of these attacks in the last year, raising alarms about the safety of individuals in the crypto space.

As the investigation unfolds, the crypto community remains vigilant amidst rising security concerns.