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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