Crypto millionaires targeted in series of violent abductions

French police are investigating a series of abductions of cryptocurrency millionaires after storming a house near Paris and rescuing a man whose finger was severed by kidnappers demanding a ransom.

The man, who is aged about 60 and owns a cryptocurrency firm with his son, was freed by the elite GIGN police unit on Saturday night, two days after masked men snatched him from a well-to-do Paris street in broad daylight.

The scenario was almost identical to the kidnapping of the wealthy founder of a French cryptocurrency company in January, who also had a finger chopped off.

David Balland, 36, was abducted from his home by armed men. Police found him bound and gagged in the back of a van 24 hours later. His

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