Crypto Crime Sparks Emergency Talks: French Minister Scrambles After Kidnapping Plot

Paris wakes up to crypto’s dark side—again. France’s finance minister convenes urgent security talks after criminals allegedly used cryptocurrency in a foiled kidnapping scheme.

Behind the scenes: Authorities tight-lipped on whether ransom demands involved Bitcoin or privacy coins—but the timing couldn’t be worse for EU regulators debating MiCA 2.0.

The irony? This happens as traditional banks quietly settle another round of money laundering fines. Some things never change—they just get a blockchain wrapper.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.