France Charges 25 Over Crypto Kidnapping Spree in Paris

French authorities have charged 25 individuals, including six minors, over a series of kidnappings and attempted abductions linked to the country’s cryptocurrency sector.

The group, aged between 16 and 23, faces charges connected to multiple plots targeting prominent crypto figures and their families, Le Monde reported, citing an announcement from the Paris public prosecutor’s office on May 31.

Per the report, eighteen suspects are now in pre-trial detention, three have requested a deferred hearing, and four remain under judicial supervision.

The investigation centers on a failed May 13 abduction attempt in Paris’ 11th arrondissement. The targets were the daughter and grandson of Pierre Noizat, CEO of French crypto exchange Paymium.

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