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Paris Kidnap Bid Highlights Crypto Data Security Risks

  • French Interior Minister Bruno Retailleau held a confidential meeting on Friday in Paris to address recent kidnappings targeting cryptocurrency professionals and their families.
  • This meeting followed several violent kidnappings and ransom attempts in 2025, including a botched Paris abduction of the daughter and grandson of Paymium CEO Pierre Noizat on Tuesday.
  • Retailleau agreed to implement security briefings by elite police, priority emergency services, and home security checks to better protect crypto executives amid rising threats to the sector.
  • Retailleau emphasized the objective is to "prevent, deter and protect," while entrepreneur Eric Larchevêque cautioned that these attacks pose a serious threat to both the business community and France's reputation.
  • The wave of kidnappings threatens the safety of crypto entrepreneurs and may challenge France’s efforts to remain a tech hub, with authorities and industry closely monitoring the government’s response.
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charitonleader.comcharitonleader.com
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Center

Paris kidnap bid highlights crypto data security risks

New regulations threaten the security of the personal data of cryptocurrency users and may expose them to "physical danger", the platform at the centre of last week's Paris kidnapping attempt has claimed.

·Chariton, United States
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Lean Left

Half a dozen cryptocurrency businessmen have been kidnapped around the world in the past year. Not all of them have ended as happily as the one in Paris earlier this week, where the attackers fled. Cryptocurrencies are easy to move and transfer, making it much easier to extort money from them than to rob a bank.

Lean Right

While kidnappings or attempts to kidnap cryptocurrency entrepreneurs or members of their families are increasing, a professional in the sector has wanted to provide a significant indication. Contrary to the ideas received, cryptocurrency is traceable.

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Bias Distribution

  • 34% of the sources are Center, 34% of the sources lean Right
34% Right
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Cryptoast broke the news in on Tuesday, May 13, 2025.
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