Source: Cointelegraph
Original: “Reports say French cryptocurrency entrepreneurs will receive extra security due to recent kidnapping incidents”
According to Politico, due to a recent surge in kidnapping incidents related to cryptocurrency in France, French cryptocurrency entrepreneurs and their families will receive enhanced security measures.
According to a report on May 16, these measures include priority access to police emergency hotlines, home security assessments, and security briefings provided by French law enforcement to ensure best security practices are followed.
French Interior Minister Bruno Retailleau introduced these security measures as part of a broader effort to respond to a recent series of attacks.
Retailleau also noted that law enforcement personnel will receive "anti-cryptocurrency asset money laundering training."
After three recent kidnapping incidents related to cryptocurrency, Retailleau met with several local leaders in the crypto industry to discuss these measures.
The most recent incident occurred on May 13, when attackers attempted to kidnap the daughter and grandson of Pierre Noizat, CEO of the French crypto platform Paymium, in broad daylight. Fortunately, they successfully repelled the attack.
Local police stated that the attackers tried to force the two into a waiting van, but Noizat's daughter managed to grab a gun from one of the attackers and throw it away.
In the heart of Paris, a man was assaulted by masked individuals dressed entirely in black. They were attempting to kidnap him. A man appeared, extinguisher in hand, to scare them off. →https://t.co/P0qV6PR40v pic.twitter.com/9f4r2Gi7ho
On May 3, Paris police rescued the father of a cryptocurrency entrepreneur who had been held for several days in connection with a €7 million ($7.8 million) kidnapping plot.
In January, David Balland, co-founder of the cryptocurrency hardware wallet provider Ledger, was kidnapped from his home in central France in the early hours of January 21. He was held until he was released after a police operation on the evening of January 22.
Retailleau stated earlier this week that he believes these incidents are likely related to one another.
According to a GitHub database maintained by Bitcoin cypherpunk Jameson Lopp, there have been over 150 robbery or kidnapping incidents related to cryptocurrency since 2014, with 23 occurring just in 2025.
Lopp pointed out that many criminals often identify future victims through social media posts, public conversations, parties, and conferences.
He strongly advises against peer-to-peer transactions—especially with untrusted individuals—showing off wealth on social media, and wearing clothing with cryptocurrency branding.
Related: Surge in cryptocurrency-related violent robberies: Six attacks targeting investors
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