INSUBCONTINENT EXCLUSIVE:
involvement in the kidnapping, citing a source close to the case.There has been a growing number of crypto kidnappings in 2025, several of
them in France, leading to crypto entrepreneurs beefing up their security measures, and French Interior Minister Bruno Retailleau calling a
Suspects can be held for up to 96 hours without charges.The father of an unnamed crypto entrepreneur was held captive at a property for
several days, and the criminals demanded up to 7 million euros ($8 million) in ransom
A May 3 police raid liberated the man, which resulted in five arrests at the time.Meanwhile, a man suspected of being a key figure behind a
series of recent crypto-related kidnappings in France was arrested in Morocco on June 4
French authorities also arrested more than 12 people on May 26 linked to high-profile crypto kidnapping cases in Paris.A string of other
crypto attacks in 2025The daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, were targeted on
May 13 in a brazen daylight kidnapping attempt.Online streamer Amouranth was the victim of a home invasion in March when several armed
assailants held her at gunpoint and demanded the keys to her crypto wallet
Four suspects were later charged.At least 29 in-person incidents targeting crypto holders have been reported so far this year, according to
a GitHub list maintained by Casa co-founder Jameson Lopp
involve a diverse group of attackers ranging from organized crime groups to friends and family.Thieves think crypto is untraceableSpeaking
at the 2025 Consensus crypto conference on May 15, Chainalysis CEO Jonathan Levin suggested that the recent rise in crypto-related attacks
may be partly due to criminal organizations continuing to believe that cryptocurrency transactions are untraceable.Kraken security chief
Nick Percoco said there is also a noticeable lack of security awareness among crypto users, saying in a June 5 blog post that the crypto
attendees.Magazine: Features Baby boomers worth $79T are finally getting on board with Bitcoin
