French Police Rescue Father of Crypto Millionaire in Violent Kidnapping Case
French authorities conducted a successful raid to free the kidnapped father of a cryptocurrency entrepreneur, marking the third such incident in France this year. The victim was abducted in Paris’s 14th arrondissement by four masked assailants who demanded ransom in crypto. The attackers employed brutal tactics, including severing the victim’s finger, echoing January’s kidnapping of Ledger’s founder.
The case underscores growing concerns about crypto-related crimes in France, where perpetrators increasingly target high-net-worth individuals in the digital asset space. No specific cryptocurrencies or exchanges were mentioned in connection with the ransom demands.