- Crypto executives face rising physical threats, even from poorly organized criminal groups
- Disorganized home invasion attempts still trigger major regional police coordination in France
- Rapid suspect tracking shows how surveillance and transport networks shape modern crime response
A senior executive at Binance France became the target of a coordinated home invasion attempt on February 12, as three masked suspects forced their way into a residential building in Val-de-Marne. Authorities said the group searched for the executive’s apartment while he was away.
Although they failed to find him, the suspects later carried out a second violent attempt in another suburb before police arrested them in Lyon. The case has raised fresh concerns about security risks facing prominent figures in the cryptocurrency industry.
Suspects Move Across Suburbs
Investigators said the three men entered the Val-de-Marne building around 7 a.m. They first broke into another resident’s apartment while seeking directions.
Consequently, residents faced an alarming start to their morning. The suspects then located the Binance France chief’s unit. However, they discovered the apartment was empty.
Police sources indicated the group searched the residence and left with two mobile phones. Besides that limited theft, they failed to secure any other valuables. CCTV cameras later linked the suspects to a vehicle seen earlier that morning in the area.
Related: Israeli Authorities Charge Two in Alleged Scheme to Profit From Confidential IDF Operations
Second Attempt Turns Violent
Significantly, the suspects did not end their actions in Val-de-Marne. Around 9:15 a.m., officers in Hauts-de-Seine received a report of masked men assaulting a woman in Vaucresson.
Authorities said the attackers struck her with gun butts during another attempted home invasion. Additionally, investigators traced the stolen phones to the same address involved in the earlier break-in.
Witness accounts suggested the group realized they had targeted the wrong residence again. Hence, they fled the scene quickly. Law enforcement agencies across multiple departments coordinated their response. The Paris Organized Crime Unit joined forces with regional police and transport officers.
Arrest at Lyon Station
Moreover, officers tracked the suspects through public transportation networks. Surveillance teams observed them board a train heading to Lyon. Authorities then alerted specialized units in the city. The Lyon intervention brigade intercepted the trio at Lyon Perrache station and placed them into custody.
Officials described the operation as swift and coordinated. Consequently, police prevented further incidents that day. The investigation now continues under the direction of organized crime specialists. Authorities will determine whether the suspects acted independently or targeted cryptocurrency executives deliberately.
Related: Praetorian Group International CEO Sentenced to 20 Years for $200M Bitcoin Ponzi Scheme
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Source: https://coinedition.com/binance-france-executive-targeted-in-failed-home-invasion-suspects-arrested/


