French Minister Calls Crypto Security Meeting After Kidnapping Attempt
France’s Interior Minister Bruno Retailleau will convene cryptocurrency industry leaders this Friday to address escalating security threats following a high-profile kidnapping attempt. The meeting was triggered by an abduction attempt targeting the family of Paymium CEO Pierre Noizat, underscoring growing risks tied to crypto-related ransom demands.
Authorities are particularly concerned about criminals exploiting digital asset transactions for extortion schemes. The ministry aims to collaborate with crypto businesses on preventive measures, reflecting broader European regulatory efforts to curb illicit activities in the sector.