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Stay Current on Political News—The US Future > Blog > Cryptocurrency > France arrests over 12 suspects linked to crypto kidnappings
Cryptocurrency

France arrests over 12 suspects linked to crypto kidnappings

Sarah Mitchell
Sarah Mitchell
Published May 27, 2025
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The French authorities have arrested more than 12 people who have a leg linked to two cases of kidnapping of high profile cryptocurrencies in Paris, France, reports local media.

The arrested include several minors, with charges against them as kidnapping, attempted kidnapping and criminal conspiracy, Le Parisien reported on May 26.

French researchers are exploring the possibility that a criminal organization is behind two recent kidnapping cases linked to cryptography, with social networks that are used for recruitment.

In a recently alleged kidnapping attempt on May 13, three men tried to snatch the daughter and grandson of Pierre Noizat, co -founder and CEO of French Crypto Exchange Paymium, in the light of Brad’s Day in Paris.

That attempt, that the passers -by captured in video, shows that the alleged attempt was frustrated when Noizat’s daughter defended himself and the intervention of passersby.

In another case in early May, the French authorities rescued the father of a cryptographic marketing businessman who was kidnapped and retained by a rescue or between 5 million and 7 million euros.

Le Parisien informed that the authorities have not yet done any judges regarding the alleged failed kidnapping of Noizat’s family, but up to six people allegedly linked to the kidnapping of the fatal of the business crypto.

Earlier this year, the co -founder of the Ledger cryptographic hardware wallet manufacturer, David Balland, was kidnapped from his home with the perpetrators who allegedly demanded cryptography. Subsequently, Balland was rescued by the French police days later.

Reinforced security measures

The Interior Minister of France, Bruno Retaillean, increased security measures for cryptographic entrepreneurs and their relatives residing in France earlier this month after the series of high profile attacks.

Related: Another suspect that surrenders in the case of New York crypto torture

A Github page created by Jameson Lopp, a Cypherpunk and co -founder of the Firm of Autocustodial Casa, indicates that six criminal activity incidents that demand the crypto crypto took place in France so far this year.

In addition, industry executives are reinforcing their safety by hiring professional bodyguards in an attempt to dissuade malicious actors.

Magazine: Crypto Scam Hub ExposE Stuns becomes viral, Kakao detects 70k scam applications

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