{"id":29420,"date":"2025-05-28T06:11:43","date_gmt":"2025-05-28T10:11:43","guid":{"rendered":"https:\/\/worldjusticenews.com\/news\/?p=29420"},"modified":"2025-05-28T06:11:43","modified_gmt":"2025-05-28T10:11:43","slug":"arrests-over-french-cryptocurrency-kidnapping-plots","status":"publish","type":"post","link":"https:\/\/worldjusticenews.com\/news\/2025\/05\/28\/arrests-over-french-cryptocurrency-kidnapping-plots\/","title":{"rendered":"Arrests over French cryptocurrency kidnapping plots"},"content":{"rendered":"<div class=\"ssrcss-suhx0k-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-1o5p6v2-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">French police have arrested more than 20 people following a number of kidnapping plots targeting cryptocurrency entrepreneurs and their families.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Authorities said the arrests were in connection with investigations into a recent abduction attempt in Nantes and the attempted kidnapping of a woman and child in Paris in May.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The incidents have raised concerns about the safety of those with cryptocurrency fortunes which could make them a target for criminals seeking ransom payments.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Earlier this month French Interior Minister Bruno Retailleau vowed to bolster security around the country&#8217;s crypto executives and their families.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-suhx0k-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-1o5p6v2-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A total of 24 people have been taken into custody, French media report.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The arrests were connected to an unsuccessful attempt by\u00a0<a class=\"ssrcss-f6h2dj-InlineLink e1kn3p7n0\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c20qee5030do\" target=\"_blank\" rel=\"noopener\">a masked gang to abduct the daughter and young grandson of a cryptocurrency chief in Paris<\/a>\u00a0on 13 May.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The pair were described by French media as relatives of Pierre Noizat, the co-founder of French Bitcoin exchange platform Paymium.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Arrests were also made over a kidnapping attempt against a person with ties to the crypto sector which was foiled by police in the Nantes region of western France on Monday, local media outlets reported.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Police intervened before the attack was carried out, police sources said.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Other incidents of kidnappings or attempted kidnappings have taken place across the country in recent months, including the case of\u00a0<a class=\"ssrcss-f6h2dj-InlineLink e1kn3p7n0\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c2ew98rllxyo#:~:text=French%20police%20have%20rescued%20the,sources%20told%20Le%20Figaro%20newspaper.\" target=\"_blank\" rel=\"noopener\">the father of a cryptocurrency millionaire who was bundled into a van by men in balaclavas in Paris on 1 May<\/a>.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Le Parisien newspaper said his kidnappers demanded his wealthy son pay a \u20ac5-7m ransom (\u00a34.2-5.9m).<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The victim had one finger missing when he was rescued by police days later in a house in Palaiseau, south of Paris, according to French media.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">These incidents follow the kidnapping of David Balland, co-founder of the cryptocurrency firm Ledger, who was abducted with his wife at their home in central France in January.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The pair were rescued by police within days and Mr Balland also had a finger cut off, French media reported.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The criminals had demanded a \u20ac10m ransom. Six men and a woman were previously arrested in connection with that case.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In response to the spate of attacks against those with links to the cryptocurrency sector, Retailleau held an emergency meeting with industry leaders in mid-May.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In the meeting, he promised the &#8220;entire state apparatus&#8221; was &#8220;fully mobilised to track down the perpetrators and instigators of this violence and put them out of action&#8221;, according to French media reports.<\/p>\n<p>Source: <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/clyz4rkxrwxo\" target=\"_blank\" rel=\"noopener\">bbc.co.uk<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\">French police have arrested more than 20 people following a number of kidnapping plots targeting cryptocurrency entrepreneurs and their families. Authorities said the arrests were in connection with investigations into a recent abduction attempt in <a class=\"mh-excerpt-more\" href=\"https:\/\/worldjusticenews.com\/news\/2025\/05\/28\/arrests-over-french-cryptocurrency-kidnapping-plots\/\" title=\"Arrests over French cryptocurrency kidnapping plots\">[&#8230;]<\/a><\/div>\n","protected":false},"author":1,"featured_media":29421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[109,2,6],"tags":[6197,10127,2913,2635,11323,11320,11322,2740,11321,8803],"class_list":{"0":"post-29420","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headline","8":"category-news","9":"category-world","10":"tag-abduction","11":"tag-crypto-currency","12":"tag-france","13":"tag-kidnapping","14":"tag-ledger","15":"tag-nantes","16":"tag-palaiseau","17":"tag-paris","18":"tag-paymium","19":"tag-ransom-demand","20":"pmpro-has-access"},"_links":{"self":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/29420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/comments?post=29420"}],"version-history":[{"count":1,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/29420\/revisions"}],"predecessor-version":[{"id":29422,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/29420\/revisions\/29422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media\/29421"}],"wp:attachment":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media?parent=29420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/categories?post=29420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/tags?post=29420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}