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Arrests in France with more than 12 suspects linked to crypto kidnappings: Report



French authorities have been arrested by more than 12 people linked to two cases of crypto kidnappto with high profile in Paris, France, local media reports.

Those arrested include several minors, with charges against them including kidnapping, attempts of kidnapping and conspiracy of criminal, Le Parisien reported on May 26th.

French investigators have explored the possibility that a criminal organization is behind two recent cases linked to crypto, using social media networks for recruitment.

In a recent -only alleged attempt of kidnapping on May 13, three men Tried to seize The daughter and grandson of Pierre Noizat, the co-founder and CEO of the French Crypto Exchange Paymium, in the vast sunlight in Paris.

That attempt, obtained by the bystander in the video, shows that the alleged attempt was restrained as Noizat’s daughter fought and intervened.

In another case earlier in May, the French authorities The father was rescued a crypto marketing trader who was kidnapped and held for a ransom between 5 million and 7 million euros.

Le Parisien reported that the authorities had not yet made any arrests about an alleged botched kidnapping of Noizat’s family, but up to six people allegedly tied to the kidnappo’s kidnapping kidnapped and imprisoned, including the alleged kidnappers themselves.

Earlier this year, Crypto Hardware Wallet Maker Ledger co-founder, David Balland, was kidnapped From his home with the events that are said to be demanding crypto. Following Balland was rescued by France police days later.

Security measures have been enlarged

Internal Minister of France Bruno Retailleau has increased Security Steps For crypto entrepreneurs and their family members living in France earlier this month after a series of high-profile attacks.

Related: Another suspect to surrender to the NYC Crypto torture case

A github Page Created by Jameson Lopp, a Cypherpunk and co-founder of self-customial firm Casa, suggests that six incidents of criminal activity demanding crypto ransom occurred in France this year, with half of incidents occurred in Paris.

In addition, industry executives boost their security by renting Professional bodyguards to a bid to prevent malicious actors.

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