Crypto Chaos: A Kidnapping Gone Awry in the Land of Croissants

In a curious twist befitting a surrealist theater, armed brigands attempted to break and enter into the domicile of Binance France President, the illustrious David Prinçay, on a Thursday morning that seemed quite ordinary – at least until the hooded marauders arrived, like unwelcome guests at a soiree.

As reported by the esteemed French outlet RTL, three masked miscreants infiltrated a residential edifice in the Val-de-Marne region, around the witching hour of 7:00 a.m. on February 12. They came not bearing gifts but weapons, on a quest for the elusive Prinçay’s apartment, as if he were the last piece of chocolate in a confiserie.

Alas, the would-be kidnappers, perhaps suffering from a severe miscalculation of their target’s whereabouts, fled in haste upon discovering the President was enjoying his morning coffee elsewhere.

The head honcho of Binance France found himself at the center of an ill-fated home invasion on February 12.

According to RTL, the three masked buffoons took flight after realizing their prize was absent, later finding themselves in handcuffs in Lyon.

– BeInCrypto (@beincrypto) February 13, 2026

Armed Commando Flees, Then Strikes Again: A Comedy of Errors

Local reports suggest that these bumbling thieves first coerced another resident into playing the part of a misguided tour guide to locate the correct apartment. In what can only be described as a rather poor performance, they searched the Binance executive’s quarters before departing with two phones – which I imagine they mistook for their golden tickets.

But wait, there’s more! Shortly thereafter, at approximately 9:15 a.m., police in Hauts-de-Seine responded to yet another episode of this tragicomic farce. A hapless resident in Vaucresson reported receiving a less-than-gentle tap on the head with rifle butts delivered by our hooded friends.

Authorities soon connected the dots between these two theatrical acts.

🧙🏾‍♂️ Ah, the unsavory side of crypto that remains tucked away behind velvet curtains…

Crypto is going physical, and goodness, it’s turning downright perilous!

This morning, David Prinçay found himself the target of some masked mischief-makers…

– D-Wiz 🧙🏽‍♂️ (@D_Wiz_) February 13, 2026

Surveillance footage, that ever-watchful eye, revealed the suspects employing the same chariot seen earlier in Val-de-Marne. The stolen phones? Traced with the precision of a master detective to the second location. One wonders if they considered using them to call for help.

Witnesses claimed to overhear the attackers, perhaps whispering sweet nothings about incorrect addresses, before they vacated the premises once more.

Arrested at Lyon Perrache Station: The Curtain Falls

In a dramatic turn, French law enforcement orchestrated a coordinated operation involving the Paris Brigade de Répression du Banditisme (BRB), along with police units from Hauts-de-Seine, Val-de-Marne, Yvelines, and those ever-diligent transport police.

Investigators, showing a flair for the theatrical, tracked the three gents via the public transportation network, a veritable stage of modern escapades.

These gents boarded a train to Lyon, unaware that authorities had alerted the Lyon BRI unit, which swooped in like gallant knights at Lyon Perrache station, apprehending them before they could perform any further antics that day.

Now in custody, they await their next scene, while the investigation – oh, it continues, my dear audience!

Binance Co-Founder Yi He took to X, providing a reassuring note amidst the chaos, confirming that our intrepid executive and his family are safe, perhaps sipping espresso somewhere far away from rifle butts.

Reports have surfaced regarding one of our employees in France. Rest assured, he and his family are safe and collaborating with law enforcement.
We understand that three individuals connected to this matter have been apprehended. The investigation…

– Yi He (@heyibinance) February 13, 2026

Is France Becoming a Haven for Crypto Crime? A Farcical Inquiry

This botched assault unfurls against a backdrop of rising crypto-related kidnappings and home invasions across the picturesque land of France.

In May 2025, French police apprehended over 20 suspects linked to a series of kidnappings targeting the affluent – those who dared to tread the treacherous waters of cryptocurrency investment.

Yet another crypto-themed home invasion in France… 🙁

Binance confirmed an employee in Paris fell victim to such an intrusion.

Public service announcement: if you find yourself doxxed, perhaps consider a vacation outside of France – or at least keep your movements as private as a secret recipe.

And that’s coming from a French Bitcoiner! 👇

– Gareth Jenkinson (@gazza_jenks) February 13, 2026

Throughout 2025, the valiant forces of French law enforcement continued their crusade against crypto-focused extortion, dismantling nefarious cells. Investigations revealed that attackers often employed private information gleaned from dark-web leaks or social-network scrutiny to profile their hapless targets.

Their methods ranged from staged home invasions – typically performed in the early hours of the morning, lest one’s beauty sleep be disturbed – to elaborately coordinated abductions, whisking victims away like characters in a novel, all in a desperate attempt to evade the watchful gaze of law enforcement.

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2026-02-14 00:11