France Reels as Crypto Kidnappers Strike Again—Ledger User Targeted in Brazen Attack

Crypto crime takes a dark turn in France as another Ledger user falls victim to kidnapping—proof that even hardware wallets can't always protect you from old-fashioned violence.

Subheader: The Rising Tide of Physical Crypto Threats

Forget hacking—the new attack vector is brute force. Criminals are now bypassing encryption by targeting the weakest link: human beings. This isn't your grandma's phishing scam anymore.

Subheader: Security Paradox in DeFi's Backyard

While France positions itself as a crypto hub, these incidents expose the dirty secret of decentralization: when things go wrong, there's no customer service hotline. Maybe traditional banks have their uses after all.

Closing thought: The crypto revolution marches on—just watch your back while you HODL.

France Sees Another Crypto Kidnapping

The crypto industry has always had a seedier element, but today’s crime wave is a whole new level of violence. Crypto kidnappings have taken place on multiple continents, but France is seeing an especially dark period.

According to local reports, the nation witnessed another incident, which is the tenth such attack this year.

A 23 year old man was kidnapped Tuesday while out shopping in Maisons-Alfort, France. The attackers called his partner and demanded his Ledger and 5,000 EUR in cash. She complied & he was released.

This is the 10th wrench attack this year in France!https://t.co/ZE7WK8vtcQ

So far, France’s law enforcement agencies have only provided rough details on the kidnapping victim.

A 23-year-old man was abducted in Maisons-Alfort, a suburb of Paris, and his romantic partner was forced to hand over 5,000 euros and his wallet password. Police have not disclosed how much money was in this wallet or whether the victim ran a business in the industry.

This last question is especially concerning. The authorities vowed to pass new measures protecting France’s crypto entrepreneurs from kidnapping.

Web3 CEOs, founders, and their relatives have been targeted in this spree of violence, creating a climate of fear in the nation’s crypto community.

Earlier this month, France cooperated with Morocco to arrest key kidnapping ringleaders, but some of the suspects remained at large. Moreover, these men routinely hired or enticed local muscle to carry out the violence without even setting foot in France.

In other words, these imprisoned ringleaders might not have anything to do with today’s incident. A single organized gang began the crime spree, but it’s international news right now. For all we know, today’s attackers could’ve been copycats.

Both of these possibilities are very scary for France, especially because today’s kidnapping was ostensibly successful. The perpetrators knew about the victim’s hard wallet, obtained it, and haven’t been arrested yet.

Apparently, the government’s efforts to prevent this sensational crime wave have been insufficient so far.