We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: French police investigating collection of crypto kidnappings with executives tied up and their fingers reduce off
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > French police investigating collection of crypto kidnappings with executives tied up and their fingers reduce off
Business

French police investigating collection of crypto kidnappings with executives tied up and their fingers reduce off

By Editorial Board Published May 14, 2025 5 Min Read
Share
French police investigating collection of crypto kidnappings with executives tied up and their fingers reduce off

Authorities in France are investigating a collection of kidnappings linked to the world of cryptocurrencies.

The latest incident noticed a businessman’s daughter violently ambushed on the street in Paris.

It befell on Rue Pache within the French capital’s eleventh arrondissement on Tuesday morning.

Captured on video and shared extensively on-line, three masked males seem from a parked van and start wrestling a girl to the bottom.

After failing to grab her amid the wrestle, they retreat to the van and drive off.

In response to studies, the goal’s father is the co-founder of French cryptocurrency change platform Paymium. She is believed to be 34 and was along with her accomplice on the time.

Prosecutors haven’t confirmed the sufferer’s identification however have launched an investigation led by the organised crime unit of the Paris police pressure.

Authorities are actually wanting into whether or not the current string of incidents are linked.

On Wednesday, French inside minister Bruno Retailleau promised to satisfy figures from throughout the crypto sector to make them conscious of the present dangers and promote measures they will take to guard themselves.

Picture:
Tuesday’s incident occurred in Rue Pache, Paris. Pic: Reuters

Firm proprietor additionally focused in Paris

Tuesday’s incident comes after one other on 29 April, which noticed a crypto advertising agency proprietor kidnapped and held to ransom for greater than two days earlier than being discovered along with his finger reduce off.

At round 10.30am on 29 April, the 60-year-old, who co-owned his enterprise in Malta along with his son, was kidnapped by 4 males in ski masks as he walked down a road in Paris’s 14th arrondissement.

After they compelled him right into a van, he was ultimately found two days later throughout a raid of a property in Essonne, 12 miles south of Paris.

Follow the World

Observe the World

Hearken to The World with Richard Engel and Yalda Hakim each Wednesday

Faucet to observe

5 suspects, aged between 20 and 27, have been arrested on the scene of the raid, which befell round 9pm. They continue to be beneath investigation

Essonne’s state prosecutor stated in a press release: “The victim appears to be the father of a man who made his fortune in cryptocurrencies, with the crime involving a ransom demand.”

Co-founder and his spouse kidnapped from house

On 21 January, David Balland, the co-founder of crypto agency Ledger, and his spouse have been kidnapped from their house in Mereau, central France.

The assault occurred within the early hours of the morning, with suspects separating the couple instantly and taking Balland to a home within the close by city of Chateauroux, the place additionally they reduce one in every of his fingers off.

Police have been alerted to the kidnapping by Mr Balland’s enterprise accomplice who had obtained a video of his severed finger with a requirement for a €10m cryptocurrency fee.

Detectives traced and freed him, discovering his spouse tied up within the boot of a car in a parking lot in Essonne the next day.

9 individuals have been arrested and are nonetheless beneath investigation.

Crypto influencer’s father kidnapped

In December final 12 months, the daddy of one other French cryptocurrency influencer was focused at his house in japanese France alongside his spouse and daughter.

Their attackers tied them up and compelled the 56-year-old man right into a automobile, driving him away earlier than demanding a ransom from his son, who lives in Dubai.

The son contacted police and his mom and sister have been shortly freed.

His father was discovered tied up within the boot of a automobile in Normandy, exhibiting indicators of getting suffered bodily violence and been sprayed with petrol.

Different comparable incidents have additionally been reported in Spain and Belgium in current months.

TAGGED:CryptocutexecutivesfingersFrenchinvestigatingkidnappingsPoliceseriestied
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Can Starmer stay with out Rayner?

Can Starmer stay with out Rayner?

Politics
September 4, 2025
Display rights licensing big units bumper sale in movement

Display rights licensing big units bumper sale in movement

An organization which collects royalties on behalf of Hollywood studios together with The Walt Disney…

September 4, 2025
Lansing Constitution Fee shares potential modifications to authorities construction

Lansing Constitution Fee shares potential modifications to authorities construction

LANSING, Mich. (WLNS) - The Metropolis of Lansing may see some modifications to its authorities…

September 4, 2025
Legendary designer Giorgio Armani dies

Legendary designer Giorgio Armani dies

Legendary designer Giorgio Armani has died, his firm has stated.The Italian-born billionaire, who was 91,…

September 4, 2025
Coinbase thinks vibe-coding 50% of its platform is a good suggestion

Coinbase thinks vibe-coding 50% of its platform is a good suggestion

Coinbase CEO Brian Armstrong has confronted a barrage of ridicule after posting on X that…

September 4, 2025

YOU MAY ALSO LIKE

Low cost East: ‘It is simply weird’ – prime chef vents about two issues clients do in 2025

Each week, our Cash group interviews prime cooks from across the UK, listening to about their low-cost meals hacks, views…

Business
September 4, 2025

Financial institution foyer chief warns Reeves over finances tax raid

The pinnacle of Britain's primary banking foyer group has warned the chancellor in opposition to a finances raid on the…

Business
September 4, 2025

Harrods to take away sculptures depicting Fayed as an Egyptian pharaoh

Harrods is to take away sculptures of Mohamed al Fayed who's accused of raping and sexually assaulting dozens of ladies.The…

Business
September 4, 2025

Crypto streamer Gainzy nukes his personal token 99% with one ‘unintended’ click on

Crypto streamer Gainzy claims to have unintentionally rugged his personal Pump Enjoyable token after he clicked “sell” whereas fiddling along…

Crypto & Web 3
September 3, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?