Binance France CEO Targeted in Attempted Home Invasion
Analysis
Price Impact
LowWhile an attempted home invasion targeting a binance executive is a serious security concern, the swift resolution, arrest of the suspects, and the confirmation of the victim's safety by binance ceo richard teng significantly mitigate any potential negative market sentiment. the incompetence of the perpetrators and quick police action contained the fud.
Trustworthiness
HighThe information is corroborated by the official statement from binance ceo richard teng on x, confirming the safety of the colleague and the arrests, which lends high credibility to the news.
Price Direction
NeutralDespite the initial alarming nature of the event, the rapid and effective response from french law enforcement, coupled with the safety of the individual involved, prevents a prolonged period of uncertainty or fear that would typically drive prices down. the contained nature of the incident suggests no significant bearish pressure is expected from this news alone.
Time Effect
ShortAny potential market reaction related to this incident would be immediate and short-lived, as the situation has been resolved with arrests, and there is no ongoing threat or uncertainty to cause prolonged fear or speculation.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News A series of blunders Second attempt and arrest Binance's response Advertisement The CEO of Binance France, the French arm of the world’s largest cryptocurrency exchange, was targeted in a terrifying home invasion attempt on Thursday morning, according to a recent report by RTL. Three armed and masked individuals broke into a residence in the Val-de-Marne region (southeast of Paris) around 7:00 AM on Feb. 12. A series of blunders What makes this case so bizarre is that the criminals made a series of laughable errors. HOT Stories Morning Crypto Report: Binance Lists New XRP Pair, Bitcoin Cash (BCH) Maintains Top 10 Spot as 'Bitcoin Without Saylor,' Cardano's Hoskinson Sets 3 'Anti-Cynicism' Criteria for New Projects Ripple CEO Dubs New CFTC Committee 'Olympics Crypto Roster' The commando first forced their way into a neighbor's apartment at gunpoint. They demanded to be shown which door belonged to the Binance France boss. Advertisement You Might Also Like Tue, 02/10/2026 - 13:59 Binance's CZ Reacts to False Speculation Involving Tether CEO By Caroline Amosun After breaching the correct apartment, they ransacked the home but discovered that their target was not there. The trio only managed to steal two mobile phones. Second attempt and arrest At 9:15 AM, another violent incident in Vaucresson was reported to the police. A female resident reported being pistol-whipped by several masked men who had broken into her home. Advertisement The attackers realized they had the wrong target (once again). The victim told police she overheard the men saying, "The address is not the right one," and "Stéphane lives at number 41." Investigators later confirmed that a different crypto entrepreneur resides at number 41 on that same street. This stunning incompetence made it possible for the police to quickly connect the two crimes. The stolen phones from the first break-in were tracked to the Vaucresson location. Surveillance footage identified the same getaway vehicle used in both attacks. The three suspects were intercepted and arrested later that day in Lyon. Binance's response On X, Binance CEO Richard Teng confirmed the safety of his colleague and praised French law enforcement. The exchange is "fully" cooperating with the authorities. We’re aware of reports concerning one of our colleagues in France. He and his family are safe and working closely with law enforcement. Authorities have informed us that three individuals have been arrested. The investigation remains active, and we are cooperating fully. Our… — Richard Teng (@_RichardTeng) February 13, 2026 #Changpeng Zhao