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France cracks down on organised kidnapping ring targeting crypto leaders

France cracks down on organised kidnapping ring targeting crypto leaders

Authorities thwarted multiple abduction plots, raising concerns about the security of France’s crypto tycoons.

Twenty-five people, including six minors, have been charged in Paris for kidnappings and attempted abductions of France’s crypto leaders. Eighteen are in pre-trial detention, others await court or are under supervision. Ages range from 16 to 23.

The investigation began with a 13 May daylight kidnapping attempt in eastern Paris, aimed at the daughter and grandson of Paymium’s CEO, Pierre Noizat. Prior failed attempts and a separate foiled abduction near Nantes earlier in the week are also linked to the case.

Most suspects are French-born, with some from Senegal, Angola, and…

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