THORChain (@THORChain): France 2025-2026 saw over 20 crypto-related kidnappings.
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France 2025-2026 saw over 20 crypto-related kidnappings. Victims were tortured. Millions were stolen. The attackers didn't get lucky. They had a list. In January 2026, Waltio (a French crypto tax software) was hacked. 50,000 users exposed. Tax reports, holdings, email addresses, all leaked. Then it got worse. A French tax agent was arrested for selling confidential data on crypto holders to criminals. Lists of 5,000 French holders appeared on the dark web for $3,000. This is what happens when your identity lives in a database. Here's how the CEX model works: You submit your passport, a selfie, and proof of address. The exchange stores it (hopefully encrypted). They report your activity to the government (mandatory in most countries). They share data with "partners" for compliance. Then you wait for the breach. It's not a question of if. It's when. 2.6 billion records were leaked globally in 2025. France was hit hardest in Europe, but this is happening everywhere. Your CEX account isn't just a trading tool anymore. It's a target list with your name, address, holdings, and sometimes even family information. Everything a kidnapper needs. France leaked the most data, but every CEX database is one breach away from the same outcome. Geography doesn't protect you when your data is stored globally. THORChain doesn't have a database to leak. No KYC. No accounts. No stored identity data. You send $BTC. You receive $ETH. The protocol doesn't know who you are. It can't know. It's architecturally impossible to collect that information. THORChain can't leak what it never collected. Privacy isn't a policy decision you hope they honor. It's built into the architecture.