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Minister of France to meet crypto companies after the kidnapping attempt


The Minister of Internal French has been reported to have planned to meet cryptocurrency professionals after a violent attempt at kidnapping the family of a Paris executive executive in Paris.

According to a May 14th France24 ReportFrench Interior Minister Bruno Retailleau invited Try to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of the French Crypto Exchange Paymium.

“I will gather entrepreneurs working in cryptocurrencies, and we have some of those in France, in the Interior Minister so they can work on their security,” Retailleau reported to Europe 1/CNEWS Broadcaster.

On Tuesday, May 13, three men masks attacked Noizat’s daughter as he walked into the 11th Paris District with a man and his son. Attacks tried to force Noizat’s daughter and her son into a white van.

Related: Teenagers kidnap Las Vegas Man at Gunpoint, stealing $ 4m in crypto

The passengers intervened, with a scary assailant as they borrowed a fire before throwing it at them as they fled. The event is now being investigated by local authorities, with the vehicle used abandoned near the same day.

Growing risk for cryptoholders

Jameson Lopp, a Cypherpunk and co-founder of self-customial firm Casa, created a List In the Github recording dozens of Crypto robbery, with 22 crypto-related incidents in connection with Crypto to date. Many in the Crypto industry feature that misconception is the only way to effectively protect the holders and their close circle against the so-called “$ 5 wrench attack.”

$ 5 Explanation Wrench attack. Source: Xkcd

LOPP’s list is unlikely to support the total number of attacks that target people in their participation in the crypto industry. A study at the University of Cambridge in September 2024 Found That so-called “wrench attacks” are often underreported due to fears.

Related: How a $ 243 million crypto heist leads to a real kidnapping

France saw the fair part of the cases

Paris is also not a stranger to these attacks. Earlier this month, the Paris police The father was released of a crypto businessman held many days related to a 7 million euro ($ 7.8 million) kidnapping plot.

At the start of this year, David Balland, co-founder of leading crypto hardware wallet manufacturer Ledger, was Abducted from his home in Central France. He was taken captive until a police operation on the night of January 22th that his release was secured.

Magazine: Here’s how to keep your crypto safe