Masked Gunmen Tie Up Lady in France, Steal Crypto USB

French flag. Image: Shutterstock/Decrypt

Briefly

  • Three masked males broke into a house in Manosque, France, tying up a girl at gunpoint and stealing a USB drive containing her associate's crypto information.
  • A French tax official was indicted final June for allegedly utilizing tax data to establish crypto holders and passing info to organized crime networks.
  • Safety researcher Jameson Lopp's database has documented over 70 crypto wrench assaults globally final yr.

Three masked males broke into a house in Manosque, France, on Monday night, tying up a girl at gunpoint and stealing a USB drive containing her associate's crypto information.

The incident occurred at a residence on Chemin Champs de Pruniers in Alpes-de-Haute-Provence, in line with French outlet Le Parisien

The assailants threatened the sufferer with a handgun and slapped her earlier than taking the USB drive and fleeing.

The sufferer, who was reportedly unhurt, managed to free herself inside minutes and contacted police. An investigation has been opened and entrusted to the native felony investigation division and the regional directorate of the nationwide police.

Final yr, Jameson Lopp, CTO of the safety agency Casa, documented over 70 crypto-related wrench assaults globally in his publicly out there database, with France rising as a European hotspot for violent crypto-related crime, with greater than 14 such incidents reported.

“France’s mixture of a comparatively excessive baseline degree of felony exercise, seen concentrations of crypto wealth amongst founders, merchants, and public figures, and rising native experience in digital property creates fertile circumstances for extra opportunistic and arranged crypto-related crime,” cybercrime marketing consultant David Sehyeon Baek advised Decrypt.

Baek stated it’s cheap to count on some established felony networks in France to more and more fold crypto into crimes when it presents “higher margins,” “quicker cross-border transfers,” or “decrease perceived traceability” than money or conventional banking channels.

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"International liquidity, markets that by no means shut, and the flexibility to maneuver giant quantities of cash throughout borders nearly immediately" make crypto a pretty goal for criminals, he added.

The case comes amid revelations {that a} French tax official was indicted final June for abusing entry to state tax databases to establish potential targets, together with cryptocurrency traders, and cross their private info to felony actors.

In accordance with a separate report by Le Parisien, the official used inside tax software program to seek for addresses, revenue particulars, and household info unrelated to her duties, in a minimum of one occasion previous a violent residence invasion.

Judges stated the searches couldn’t be justified by her function, which targeted on company taxation.

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