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French Police Inquire into Spate of Kidnappings Targeting Crypto Millionaires

By: CryptoCurrencyWire
May 16, 2025 at 09:05 AM EDT

French authorities are currently investigating a disturbing trend involving the abduction of individuals tied to the crypto world. The latest case involves a 60-year-old man whose finger was severed by kidnappers demanding that his son, a crypto-millionaire, pay ransom for his release. The victim, who runs a crypto marketing firm alongside his son, was held captive for over two days before being rescued by police.

Similar attacks have been reported recently in Belgium and Spain, reflecting a rising and deeply concerning pattern of violence tied to digital wealth. Major crypto industry players like Coinbase Global Inc. (NASDAQ: COIN) will be thinking about how to guide their clients and staff on how to avoid this…

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About CryptoCurrencyWire

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