France Vows to Boost Security for Crypto Executives After Spate of Kidnappings

France vows to boost security for crypto executives after spate of kidnappings

French Interior Minister Bruno Retailleau has promised to act swiftly to protect crypto players and their families after a series of violent attacks and kidnappings that have shocked France, prompting calls for deregulation of the sector.

French Minister Agrees on Measures to Protect Crypto Professionals After Kidnappings

A meeting was held with Minister of the Interior Bruno Retailleau, Director General of the National Police and Gendarmerie and industry representatives.

On Friday 16 May, Interior Minister Bruno Retailleau received the actors of the cryptocurrency sector and announced the implementation of several security measures.

For Eric Delbecque, former security director of "Charlie Hebdo" after the 2015 attack, the state will probably not be able to cope with this new crime in the cryptocurrency world.

France is tackling a crypto kidnapping wave denting its image and a potential presidential contender

For-ransom hostage takings targeting cryptocurrency entrepreneurs in France are blowing up into a political issue for the government of President Emmanuel Macron and particularly for one of his ministers who could possibly challenge for France’s top job in elections in 2027.

Eric La archbishop, a well-known face from the cryptocurrency community and present this Friday at the Ministry of the Interior, wishes to be able to carry Category B weapons, i.e. firearms. Over the past year, five attempts to kidnap or kidnap this area have been made.