Kidnappers release crypto trader due to low balance

A crypto trader who makes materials on Tikokkok was reportedly abducted in France on Friday and then released a day later when the kidnappers found that he did not have enough money to cover his forced recovery demands.

26-year-old Crypto Ticketokar was snatched away while returning home in Juvisy-Sur-Orge in Northern France, on Friday night, According For a report on Sunday by French Radio Station Europe 1, the kidnappers demanded over 50,000 euros ($ 57,000) in Crypto.

Tiktok crypto trader did not have money

Four thieves reportedly forced the trader into a stolen vehicle. He was also beaten during the incident.

However, crypto traders, who have 40,000 followers on Tikok, were released on Saturday, when they revealed that they could not pay and the kidnappers have shown a low balance in their account.

Cryptocurrency, France, Wallet, Crime
Source: Bansa

According to Europe 1, the organized and special crime division of France is currently investigating the incident and the merchant has been given a six -day French work disability benefits.

French crypto kidnapping growth

France has seen an increase in crypto kidnapping this year, which has also motivated the internal minister of the country to meet with crypto entrepreneurs to overcome the growing security concerns.

On May 13, attacker Pierre attempted to kidnap Noizat’s daughter and grandsonFrench Crypto Exchange Pemmum co-founder and CEO.