Father of crypto-millionaire kidnapped for nearly $8M ransom

A person with their hands tied up. Illustration photo by Pexels

A person with their hands tied up. Illustration photo by Pexels

The man, whose identity was not disclosed, was traced to an address in the Paris suburb of Essonne, which police raided late on Saturday, the prosecutors’ office said in a statement.

He had been abducted in Paris’s southern 14th arrondissement mid-morning on Thursday.

One police officer, speaking to AFP on condition of anonymity, said four men wearing ski masks had bundled him into a delivery van.

“The victim appears to be the father of a man who made his fortune in cryptocurrencies, with the crime involving a ransom demand,” the prosecutors’ statement said.

Le Parisien newspaper reported that the kidnappers had demanded a ransom of between five million and seven million…

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