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

River Island homeowners draw up rescue plan for prime road chain

River Island homeowners draw up rescue plan for prime road chain

Business
June 7, 2025
Sir Rod Stewart ‘devastated’ after cancelling extra US concert events as he recovers from flu

Sir Rod Stewart ‘devastated’ after cancelling extra US concert events as he recovers from flu

Sir Rod Stewart says he's devastated to must cancel a collection of US concert events,…

June 7, 2025
Dodgers shut out by Sonny Grey and Cardinals for his or her fourth loss in six video games

Dodgers shut out by Sonny Grey and Cardinals for his or her fourth loss in six video games

ST. LOUIS — With a lot of the Dodgers’ pitching employees spending extra time within the coach’s…

June 7, 2025
Musk Vs Trump (2) | Economics

Musk Vs Trump (2) | Economics

QUESTION: Have you ever misplaced respect for Musk? DD ANSWER: Sadly, sure. Look, each Trump…

June 7, 2025
Diplomatic win for UK internet hosting US-China commerce talks

Diplomatic win for UK internet hosting US-China commerce talks

They went surprisingly nicely. US treasury secretary Scott Bessent and his Chinese language counterpart He…

June 7, 2025

YOU MAY ALSO LIKE

Greater than 40 ‘narco-boat’ drug smugglers arrested in main police sting

Greater than 40 individuals have been arrested after a significant medication raid busted a "narco-boats" gang accused of trafficking cocaine…

World
June 7, 2025

EuroMillions: Single ticket-holder might win UK’s greatest lottery prize tonight

A single ticket-holder might win the most important lottery prize the UK has ever seen in the event that they…

Business
June 6, 2025

Michigan State Police Okay-9 Thor again on obligation after poisoning

LANSING, Mich. (WLNS)-- Thor, a Michigan State Police Okay-9 officer, is again on the job after he was rushed to…

Michigan
June 6, 2025

Commerce conflict: US hiring slows however employment resilient

The US economic system noticed a slowdown in hiring however no leap in unemployment final month because the impression of…

Business
June 6, 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?