French Police Arrest More Suspects in Cryptocurrency Kidnapping Case
French authorities have detained multiple individuals linked to the abduction of a cryptocurrency entrepreneur''s father, a brutal case that highlights rising crypto-related crimes in Paris. The victim was held for days in May, with kidnappers demanding a €7 million ransom and severing one of his fingers before police intervention.
The attack occurred in broad daylight in Paris''s 14th arrondissement, where masked assailants forced the victim into a van. A tactical police unit later stormed a suburban house to free him. While arrests have been made, details remain undisclosed under France''s 96-hour detention rule for such cases.
This incident mirrors a growing trend of crypto-targeted kidnappings in France, signaling escalating risks for digital asset entrepreneurs. The violent nature of the crime—including physical mutilation for ransom leverage—marks a disturbing evolution in crypto-related criminal tactics.