A global wave of crypto-related kidnappings sparks alarming security concerns

Among the most high-profile cases was the attempted abduction in Paris last week of the daughter of a senior executive at the Paymium crypto exchange. The woman and her two-year-old child narrowly escaped harm thanks to the intervention of neighbors and her husband, who was injured during the attack.

Attempted abduction of the daughter of Paymium crypto company executive
Attempted abduction of the daughter of Paymium crypto company executive. Source: Screenshot from Actu17.fr

Other incidents have proven more severe. Earlier this year, David Balland, co-founder of French crypto wallet manufacturer Ledger, was abducted along with another individual. The assailants demanded €10 million in cryptocurrency, sending a video of Balland having a finger cut off as proof of their intentions….

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