French authorities have accused 25 persons on a series of kidnapping, including six minors, and have attempted kidnapping related to the country’s cryptocurrency sector.
The group of ages between 16 and 23, faces allegations related to major crypto figures and many plots targeting their families, Le Monde InformedCiting an announcement from the Paris Public Prosecutor’s office on 31 May.
According to the report, eighteen suspects are now in pre-trial custody, the three have requested an deferred hearing, and four remain under judicial supervision.
At investigation centers The kidnapping of May 13 failed Efforts in Paris’s 11th Erundesment. Lakshya was the daughter and grandson of Pierre Noizat, CEO of the French Crypto Exchange Pemum.
Ann Painan Paris, An Hame A été violent cross des activities Cagulus, Habils Tout Annar. ILS Tentault de L’Enlever. United Nations Homme is a surgery, Extincteur à la main, pour les faire fuir.https://t.co/p0QV6PR40V pic.twitter.com/9F4R2Gi7ho
– Le Figaro (@le_figaro) May 13, 2025
Officials say this was not the first attempt – a uniform unsuccessful conspiracy was staged on the previous day. A few days later, the police also thwarted another operation near Nentas.
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The masterminds behind the plot remain unknown
Footage of the May 13 incident, which broadcast widely on social media, showed four masked attackers assaulting Niyizat’s daughter, her husband and her child. The victims suffered minor injuries and were treated at the hospital.
The suspects allegedly come from a wide range of backgrounds, including the individuals born in the Paris region, Chetlelt, Senegal, Angola and Russia.
Many of them were “lured with the young profile money and caught in a position beyond their control by defense lawyers.
The Paris case is part of a widespread increase in kidnapping related to crypto across France this year. High-profile incidents include laser co-founder David Belland and his partner’s January kidnapping as well as kidnapping of a crypto millionaire father on 1 May-an incident investigators say that the current wave of attacks is associated with the current wave.
So far, the police have arrested the lower level operators and logistics coordinators, but the masterminds behind these plots are unknown.
The rising danger has attracted national attention. France’s Internal Minister Bruno Retillaue Met with professionals of Crypto industry In mid -May to discuss protective measures. The Ministry later announced cooperation between law enforcement and crypto firms, including domestic security checks conducted by police and gender officers.
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Insurance companies to cover crypto risks
As stated, the insurers are Racing to develop new security For the purpose of increasing physical danger: kidnapping for crypto.
According to a recent report by NBC News, at least three firms specializing in crypto insurance and safety are now preparing a series of abduction and ransom (K&R) policies for digital asset investors.
Similarly, officers and investors in the Crypto industry are rapidly looking for individual security services. On May 18, private firm infinite risk international Informed of increase in requests for bodyguards And protection contracts from high-profile data in crypto space.
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