Three men posing as police officers forced a Versailles couple to transfer approximately $1 million in Bitcoin (BTC) at knifepoint, in one of France’s most brazen crypto home invasions.
The attack targeted a man and woman in their late 50s at their home in the Le Chesnay district, according to sources close to Versailles police cited by TF1.
Why it matters:
- Crypto holders face growing physical security risks as on-chain wealth becomes a direct target for organized criminal networks
- France’s 40 documented crypto kidnapping cases since July 2023 signal a systemic threat, not isolated incidents
- Attackers impersonating law enforcement signals a tactical shift that makes conventional home security insufficient
The details:
- Assailants gained entry by posing as police officers; one pulled a knife and threatened to stab the woman unless BTC was transferred
- After the transfer was confirmed, attackers fled in a van, leaving the woman with a minor shoulder injury
- The woman freed herself, untied her husband, then summoned a neighbor for help
- No arrests have been made; suspects face charges including armed robbery, kidnapping, and criminal conspiracy
- The Versailles prosecutor’s office reportedly confirmed the BTC loss and assigned the case to France’s Banditry Repression Brigade, the judicial police unit handling organized crime.
The big picture:
- French police recorded approximately 40 organized crypto kidnapping cases between July 2023 and late 2025, with overseas masterminds reportedly commissioning several attacks
- Last month, Binance’s France chief survived a failed wrench attack in Val-de-Marne; a 74-year-old man in Isère was tortured by attackers targeting a crypto millionaire’s family
- Security experts warn 2026 crypto violence could surpass 2025’s record levels