French Police Arrest 12 Suspects in Crypto Kidnapping Investigations

In brief

  • Police in France have arrested at least 12 suspects linked to kidnappings targeting crypto investors.
  • France has seen a spate of crypto kidnapping attempts in recent months, prompting the Interior Minister to commit to boosting security for cryptocurrency execs.
  • Experts advise that crypto investors avoid publicizing their holdings to mitigate against kidnapping attempts.

French police have arrested at least 12 suspects in connection with two recent crypto-kidnapping incidents in Paris.

The Brigade de Répression du Banditisme, a special police unit focused on armed and serious robberies, made the arrests in the Paris region and the Loire-Atlantique, with several minors among the detained.

The charges include criminal conspiracy,…

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