{"id":479990,"date":"2025-05-14T15:09:26","date_gmt":"2025-05-14T14:09:26","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=479990"},"modified":"2025-05-14T15:09:26","modified_gmt":"2025-05-14T14:09:26","slug":"french-government-to-meet-crypto-leaders-over-rising-kidnapping-threats","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/french-government-to-meet-crypto-leaders-over-rising-kidnapping-threats\/","title":{"rendered":"French government to meet crypto leaders over rising kidnapping threats"},"content":{"rendered":"<p>France\u2019s Interior Ministry is reportedly set to meet with key players in the country\u2019s crypto industry on May 16 to tackle a rising wave of kidnappings targeting digital asset entrepreneurs, Le Monde <a href=\"https:\/\/www.lemonde.fr\/en\/france\/article\/2025\/05\/14\/french-interior-minister-to-meet-with-crypto-businesses-after-recent-kidnappings_6741265_7.html\">reported<\/a> on May 14.<\/p>\n<p>According to the report, Interior Minister Bruno Retailleau said the planned gathering will focus on improving security awareness and response strategies across the sector. He stressed that the meeting aims to help firms understand the risks and protect themselves more effectively.<\/p>\n<p>He reportedly said:<\/p>\n<blockquote><p>&#8220;I will assemble business people working in cryptocurrencies, and we have a few of those in France, at the Interior Ministry to work with them on their security, and so that they become aware of the risks. We must jointly take measures to protect them.&#8221;<\/p><\/blockquote>\n<p>Retailleau also warned that law enforcement is prepared to pursue attackers across borders if necessary.<\/p>\n<h2>High-profile crypto kidnappings<\/h2>\n<p>The government\u2019s move comes days after an attempted abduction involving the daughter and grandson of a French crypto executive.<\/p>\n<p>Videos circulating on X <a href=\"https:\/\/x.com\/TRobinsonNewEra\/status\/1922252334635143323\">showed<\/a> three masked attackers confronting the victims, who sustained minor injuries. The assailants fled after the woman\u2019s husband intervened, later abandoning their vehicle nearby.<\/p>\n<p>A France24 <a href=\"https:\/\/www.france24.com\/en\/france\/20250513-armed-gang-tries-to-kidnap-crypto-ceo-s-daughter-grandson-in-central-paris\">report<\/a> revealed that the intended victim is the daughter of the CEO and co-founder of Paymium, a prominent French crypto exchange.<\/p>\n<p>Meanwhile, this incident is part of a broader pattern of physical attacks on crypto holders, often called \u201cwrench attacks.\u201d These involve using threats or violence to extract wallet access or force asset transfers.<\/p>\n<p>One of the most disturbing cases in France involved <a href=\"https:\/\/cryptoslate.com\/companies\/ledger\/\">Ledger<\/a> co-founder David Balland and his partner, who were reportedly tortured and held for ransom. Balland had a finger severed during the ordeal.<\/p>\n<p>Similar crimes have surfaced in the US, where prosecutors <a href=\"https:\/\/www.8newsnow.com\/investigators\/florida-teens-kidnap-las-vegas-man-drive-him-to-arizona-desert-steal-4m-in-cryptocurrency-police\/\">say<\/a> three teenagers kidnapped a man in Las Vegas and stole $4 million in crypto and <a href=\"https:\/\/cryptoslate.com\/glossary\/nft\/\">NFTs<\/a>. The victim was later left in a remote part of the Arizona desert.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>France\u2019s Interior Ministry is reportedly set to meet with key players in the country\u2019s crypto industry on May 16 to tackle a rising wave of kidnappings targeting digital asset entrepreneurs, Le Monde reported on May 14. According to the report, Interior Minister Bruno Retailleau said the planned gathering will focus on improving security awareness and [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":479995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76799,77968,29],"tags":[78852],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>French government to meet crypto leaders over rising kidnapping threats<\/title>\n<meta name=\"description\" content=\"France&#039;s Interior Ministry steps up security dialogue with crypto leaders amid rising kidnapping threats targeting the industry.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/french-government-to-meet-crypto-leaders-over-rising-kidnapping-threats\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"French government to meet crypto leaders over rising kidnapping threats\" \/>\n<meta property=\"og:description\" content=\"France&#039;s Interior Ministry steps up security dialogue with crypto leaders amid rising kidnapping threats targeting the industry.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/french-government-to-meet-crypto-leaders-over-rising-kidnapping-threats\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-14T14:09:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/france-police.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/french-government-to-meet-crypto-leaders-over-rising-kidnapping-threats\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/french-government-to-meet-crypto-leaders-over-rising-kidnapping-threats\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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