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Michigan Post > Blog > Crypto & Web 3 > French minister steps in to assist cease crypto kidnappings
Crypto & Web 3

French minister steps in to assist cease crypto kidnappings

By Editorial Board Published May 14, 2025 2 Min Read
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French minister steps in to assist cease crypto kidnappings

France’s inside minister says his authorities should “take measures to protect” crypto professionals, as he introduced plans to sort out crypto-related kidnappings within the nation.

Bruno Retailleau informed French radio station Europe 1 that he’ll meet with crypto trade representatives on Friday after the daughter and grandson of Paymium CEO Pierre Noizat have been virtually kidnapped by 4 masked males in a van earlier this week.

Fortunately, a passerby was capable of assist stop the kidnapping, nonetheless, it did end in three people requiring hospital therapy for mild accidents.

Retailleau stated that he’ll “work with them on their security so that they become aware of the risks.”

“We must jointly take measures to protect them,” he added.

Authorities are nonetheless pursuing the would-be kidnappers, however Retailleau vowed, “We will find the perpetrators wherever they may be, perhaps even abroad.”

Plenty of crypto-related kidnappings and robberies have taken place this 12 months, with a number of incidents taking place in France. 

Earlier this month, the daddy of a millionaire crypto entrepreneur was kidnapped in Paris in an try to extort a ransom, whereas in January, Ledger Co-Founder David Balland was kidnapped in an analogous scheme that resulted in his finger being chopped off.

In the meantime, in February, a kidnapped Spanish crypto dealer who was allegedly threatened with torture and demise by a gang demanding €30,000 ($31,000) broke each ankles leaping from the balcony of a Marbella lodge in a determined bid to flee.

Protos has reached out to French authorities and can replace this text ought to we hear something again.

TAGGED:CryptoFrenchministerkidnappingsStepsStop
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