Crypto Entrepreneurs In France Now Under Guard After Kidnapping Surge
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure French authorities have announced fresh security steps for crypto entrepreneurs and their families. The move comes after a string of violent attempts to kidnap industry figures. Officials are aiming to curb what they call a worrying spike in attacks. Government Steps Up Security According to reports, Interior Minister Bruno Retailleau has offered priority access to police emergency lines for those in the crypto sector. Home security assessments will be made available, and safety briefings from law enforcement will guide families on best practices. Retailleau said these measures are meant to “prevent, dissuade and hinder” any further assaults. High-Profile Attacks This Year Based on reports, three major incidents have shaken France in just a few months. On May 13, attackers tried to snatch the daughter and grandson of Paymium CEO Pierre Noizat in broad daylight. 🇫🇷 An attempted kidnapping this week of the daughter of a #cryptocurrency platform boss in #Paris, has sparked calls to bolster security. 📈 It was the 3rd such violent incident in #France this year. ✏️ by @leelajacintohttps://t.co/IgkrWuigGU — FRANCE 24 English (@France24_en) May 16, 2025 On May 3, Paris police freed a crypto executive’s father who had been held for several days in a €7 million kidnapping plot—about $7.8 million at today’s rates. And back on January 21, David Balland, co‑founder of hardware wallet maker Ledger, was taken from his home and held overnight until a police raid secured his release the next day. Total crypto market cap currently at $3.2 trillion. Chart: TradingView Growing Toll Since 2014 Law enforcement records show more than 150 crypto‑related robberies or kidnappings since 2014. Of those, 23 cases happened in 2025 alone. That rise has alarmed both officials and industry leaders. Many of the criminals track potential targets…
