The father of an unnamed crypto businessman was released by police in Paris, France, during an invasion of the Ari -owner’s owner law where man was captive for redemption for days.
According to Reporting From Le Monde, the invasion of May 3 resulted in five arrests. Local Outlet Le Parisien also Says Kidnappers asked between 5 million and 7 million euros, or up to $ 7.9 million, to release captive people.
Although the victims’ identification details remain short, likely for security reasons, the Crypto businessman and his father owned a Malta-based crypto marketing firm, French media reports.
This incident features similarity to the kidnapping of ledger co-founder David Balland in France in January 2025. Balland will also be held for a crypto ransom until he Released by law enforcement officials in a rescue operation.
https://www.youtube.com/watch?v=T06MVWZ6NGM
Unfortunately, this latest incident also follows a string of similar ransom attempts around the world that target crypto users and their loved ones in an attempt to raise funds from individuals who have noticed to hold a large amount of wealth.
Related: $ 330m Bitcoin Social Engineering Theft victim is the elderly citizen of the United States
Crypto kidnapping attempts are sad to be commonplace
In November 2024, Wonderfi CEO Dean Skurka was kidnapped and forced to pay a $ 1 million cryptocurrency ransom to assailants, abducted by him using a vehicle in the town of Toronto, Canada.
Six individuals in Chicago, Illinois will be charged in February 2025 with the kidnapping a family and their nurse in exchange for a crypto ransom.
According to an FBI report, kidnappers forced their trip indoors to Chicago by pretending they accidentally damaged the family garage door.
When inside, the suspects forced the family into a van and abducted the family for five days before they were forced to surrender $ 15 million worth of cryptocurrencies to secure their release.
https://www.youtube.com/watch?v=HF08SO8TLEI
Online Streamer Amouranth is the victim of an invasion of the house It was in March 2025 when several armed suspects held him to the gunpoint and requested the keys to his cryptocurrency.
Four suspects will be charged In connection with the incident and arrested by law enforcement officials in the US state of Texas.
Magazine: Bitcoiner sex trap extortion? BLTS Firm’s Blockchain Disaster: Asia Express
