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The Texas Reporter > Blog > World > French police investigating collection of crypto kidnappings with executives tied up and their fingers reduce off | World Information
World

French police investigating collection of crypto kidnappings with executives tied up and their fingers reduce off | World Information

Editorial Board
Editorial Board Published May 16, 2025
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French police investigating collection of crypto kidnappings with executives tied up and their fingers reduce off | World Information
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Authorities in France are investigating a collection of kidnappings linked to the world of cryptocurrencies.

The latest incident noticed a businessman’s daughter violently ambushed on the street in Paris.

It happened on Rue Pache within the French capital’s eleventh arrondissement on Tuesday morning.

Captured on video and shared broadly on-line, three masked males seem from a parked van and start wrestling a lady to the bottom.

After failing to grab her amid the battle, they retreat to the van and drive off.

In accordance with stories, the goal’s father is the co-founder of French cryptocurrency trade platform Paymium. She is believed to be 34 and was along with her accomplice on the time.

Prosecutors haven’t confirmed the sufferer’s identification however have launched an investigation led by the organised crime unit of the Paris police power.

Authorities are actually wanting into whether or not the current string of incidents are linked.

On Wednesday, French inside minister Bruno Retailleau promised to satisfy figures from throughout the crypto sector to make them conscious of the present dangers and promote measures they’ll take to guard themselves.

Picture:
Tuesday’s incident occurred in Rue Pache, Paris. Pic: Reuters

Firm proprietor additionally focused in Paris

Tuesday’s incident comes after one other on 29 April, which noticed a crypto advertising and marketing agency proprietor kidnapped and held to ransom for greater than two days earlier than being discovered together with his finger reduce off.

At round 10.30am on 29 April, the 60-year-old, who co-owned his enterprise in Malta together with his son, was kidnapped by 4 males in ski masks as he walked down a road in Paris’s 14th arrondissement.

After they compelled him right into a van, he was ultimately found two days later throughout a raid of a property in Essonne, 12 miles south of Paris.

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Faucet to observe

Whereas he was being held, his attackers demanded a ransom of between £4m and £6m however didn’t extort any cash, newspaper Le Parisien reported.

5 suspects, aged between 20 and 27, had been arrested on the scene of the raid, which happened round 9pm. They continue to be underneath investigation

Essonne’s state prosecutor mentioned in an announcement: “The victim appears to be the father of a man who made his fortune in cryptocurrencies, with the crime involving a ransom demand.”

Co-founder and his spouse kidnapped from dwelling

On 21 January, David Balland, the co-founder of crypto agency Ledger, and his spouse had been kidnapped from their dwelling in Mereau, central France.

The assault occurred within the early hours of the morning, with suspects separating the couple instantly and taking Balland to a home within the close by city of Chateauroux, the place in addition they reduce one in every of his fingers off.

Police had been alerted to the kidnapping by Mr Balland’s enterprise accomplice who had acquired a video of his severed finger with a requirement for a €10m cryptocurrency fee.

Detectives traced and freed him, discovering his spouse tied up within the boot of a automobile in a parking lot in Essonne the next day.

9 folks had been arrested and are nonetheless underneath investigation.

Crypto influencer’s father kidnapped

In December final 12 months, the daddy of one other French cryptocurrency influencer was focused at his dwelling in jap France alongside his spouse and daughter.

Their attackers tied them up and compelled the 56-year-old man right into a automotive, driving him away earlier than demanding a ransom from his son, who lives in Dubai.

The son contacted police and his mom and sister had been rapidly freed.

His father was discovered tied up within the boot of a automotive in Normandy, displaying indicators of getting suffered bodily violence and been sprayed with petrol.

Different related incidents have additionally been reported in Spain and Belgium in current months.

TAGGED:CryptoCutexecutivesfingersFrenchinvestigatingkidnappingsNewsPoliceSeriestiedWorld
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