French police have been reported to have made more arrests in the abduction of a crypto businessman’s father whose finger was cut off as part of the redeemer demands.
The media outlet owned by state France 24 reported On Wednesday that police arrested several people suspected of being involved in the kidnapping, citing a source near the case.
There was a growing number of crypto kidnappings in 2025, many of them in France, leading to crypto entrepreneurs their security measuresand French Interior Minister Bruno Retailleau calling a meeting to discuss The issue.
The suspects allegedly connected to the kidnappo kidnapping
It is unknown how many were arrested on Tuesday, according to the France24 source. The suspects can be held up to 96 hours without charges.
The father of an unknown crypto businessman is made captive in a possession For days, and criminals have requested up to 7 million euros ($ 8 million) in the ransom. A May 3 police raided the man, resulting in five arrests at the time.
Meanwhile, a man suspected of becoming a major figure behind a series of recent kidnappings related to Crypto in France is Arrested in Morocco on June 4. French authorities also arrested more than 12 people on May 26 in cases of crypto kidnappo kidnappo cases in Paris.
A string of other crypto attacks in 2025
The daughter and grandson of Pierre Noizat, the co-founder and CEO of French Crypto Exchange Paymium, is That -target on May 13 in a Brazen Daylight Kidnapping attempt.
Online Streamer Amouranth is the victim of an invasion of the house In March when many armed assailants held him to the gunpoint and asked for the keys to his crypto purse. Four suspects later will be charged.
https://www.youtube.com/watch?v=HF08SO8TLEI
Had at least 29 in-person crypto attacks until this year, According to In a github list created by Jameson Lopp, co-founder of self-customial firm Casa. The figure is at speed to surpass 35 attacks in 2024 and 24 attacks in 2023.
Related: ‘Bitcoin Family’ is the security of security after the crypto crime wave
However, there may be more that has not been reported. A study at the University of Cambridge in September Found The so-called “wrench attacks” are often suppressed by terror and involve different groups of attacks that come from organized crime groups to friends and family.
Thieves think crypto is unreliable
Speaking at the 2025 Consensus Crypto Conference on May 15, Chainalysis CEO Jonathan Levin was thinking part of the reason There was a crypto attack on the criminal organizations could still believe Crypto is not reliable.
Kraken Security Chief Nick Percoco said there is also noticeable lack of security awareness to crypto users, saying In a post on the blog of June 5 That the crypto exchange security team noticed the lack of “basic situational awareness” and security measures at attendees at the crypto conference.
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