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French Police Rescue Mother and Child After $400K Crypto Ransom Kidnapping

French Police Rescue Mother and Child After $400K Crypto Ransom Kidnapping

In brief

  • A mother and her 10-year-old son were kidnapped from their Burgundy home on Monday in a ransom plot targeting the father’s cryptocurrency business.
  • Elite police unit GIGN rescued the victims from a Val-de-Marne hotel room Tuesday around 6am.
  • French ministers have stated that they are working on a plan to address the issue of wrench attacks in the coming weeks.

A mother and her 11-year-old son were kidnapped from their home in Burgundy on Monday in a ransom plot targeting the father’s cryptocurrency business, marking the latest violent crime against crypto entrepreneurs in France.

The four attackers held the victims overnight before France’s elite GIGN police unit rescued them from a hotel room in Val-de-Marne on Tuesday around…

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