Kidnappers in France target cryptocurrency entrepreneurs for ransom

Police rescue millionaire's father abducted from Paris, held for ransom

The millionaire's father was abducted in broad daylight in Paris by four men wearing balaclavas.

We have reached the “severed fingers and abductions” stage of the crypto revolution

French gendarmes have been busy policing crypto crimes, but these aren't the usual financial schemes, cons, and HODL! shenanigans one usually reads about. No, these crimes involve abductions, (multiple) severed fingers, and (multiple) people rescued from the trunks of cars—once after being doused with gasoline. This previous weekend was particularly nuts, with an older gentleman snatched from the streets of Paris' 14th arrondissement on May 1 by…

Business - Kidnappings, ransom demands target French cryptocurrency moguls

A spate of violent kidnappings has targeted wealthy French cryptocurrency investors as criminal gangs seek to extort ransoms. We take a closer look. But first: Washington prepares for trade negotiations…

Cryptocurrency millionaires are an attractive target for criminals, because they can get anonymous money, very hard to trace.

French Police Investigate Cryptocurrency Kidnap After Man Rescued

French prosecutors are investigating the kidnapping of a cryptocurrency investor’s father—who has not been named—after he was rescued by police near Paris on May 3. Seven people have been arrested in connection with the incident. French Interior Minister Bruno Retailleau wrote on social media platform X on Saturday, “A huge congratulations to the investigators who did an exceptional job freeing this man and arresting his captors.” In a statement…

Crypto millionaires targeted in brutal kidnappings across France and Europe

The unidentified 60-year-old man was abducted in broad daylight at 10.30am on Thursday morning while walking down Paris' 14th arrondissement, writes The Guardian. Four men forced him into a delivery van.Read Entire Article