Fake Police Raid Forces French Couple to Transfer $1M Bitcoin Amid Wrench Attack Surge

A French couple fell victim to a staged fake police raid, coerced into transferring nearly $1 million in Bitcoin in a classic wrench attack. Initial reports detailed a brazen home invasion where criminals posed as officers with fake badges, bypassing all technical security measures. No arrests have been announced, with thieves likely obfuscating funds via mixers and exchanges. The incident highlights a 75% rise in wrench attacks in 2025, $40.9 million in losses (up 44%), and a 250% surge in physical assaults. Heightened risks may push holders toward institutional custody, altering Bitcoin liquidity behaviors.