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25 Charged in French Crypto Kidnapping Cases 🌐

25 Charged in French Crypto Kidnapping Cases 🌐

Source: theblock.co β€” 6/1/2025

In France, prosecutors have charged 25 individuals aged 16 to 23 in connection with a series of violent attacks against wealthy cryptocurrency holders. These events came to light following an investigation into an incident on May 13 involving the family of Paymium CEO Pierre Noizat. Attackers, foiled by bystanders, left the victims with minor injuries. Other similar plots were also uncovered. The suspects, largely manipulated by financial incentives, do not include the primary orchestrators. Such attacks have drawn international attention, leading to a government crackdown spearheaded by Interior Minister Bruno Retailleau, who promised protective actions. Comparable incidents have also been reported in the UK and the US. A crowdsourced tracker has noted an increase in such crimes, raising concerns over the safety of crypto-affluent individuals worldwide.

FAQ

  • ❓ Who were the targets of these attacks?

    The attacks targeted individuals known to be wealthy from cryptocurrency investments, including the family of a CEO.

  • ❓ What has been the government's response?

    The French government, led by Interior Minister Bruno Retailleau, is actively working with industry leaders to enhance protection for crypto-affluent individuals.

  • ❓ Are such attacks common worldwide?

    Yes, similar attacks have been reported in other countries like the UK and the US, indicating a global trend.