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France Makes Arrests over Kidnapping of Crypto Entrepreneur's Father

  • French and Moroccan authorities arrested Badiss Mohamed Amide Bajjou, a 24-year-old French-Moroccan man, last week in Tangier for masterminding crypto-related kidnappings targeting French crypto entrepreneurs and their families.
  • This apprehension in 2025 occurred after Interpol released a red notice in 2023 connecting the individual to several kidnappings, amid numerous high-profile abductions and ransom schemes targeting affluent figures in the French cryptocurrency sector.
  • Notable incidents include the January abduction of Ledger co-founder David Balland, whose kidnappers severed his finger and demanded €10 million in Bitcoin, and a May kidnapping of a crypto entrepreneur's father who was held for a €7 million ransom before police rescue.
  • Interior Minister Gérald Darmanin praised Morocco's judicial cooperation on X, calling the arrest a demonstration of strong cross-border action against organized crime, while the French government has pledged enhanced security measures for crypto leaders.
  • The ongoing wave of kidnappings has increased fear and vulnerability within France's crypto community, prompting emergency meetings and security upgrades, although skepticism remains about the government's ability to fully protect the sector.
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On Friday, five men are about to be charged in the case of the abduction of a man linked to cryptocurrency in Paris. On 1 May, the father of a man managing a cryptocurrency company based in Malta, had been abducted by four hooded men in the 14th arrondissement of Paris. - INFO TF1-LCI - Five new suspects presented to the judges after the abduction in Paris of the father of a crypto contractor (Police, justice and other facts).

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Several people were arrested on Tuesday 10 June, suspected of having participated in the kidnapping in early May of the father of an entrepreneur who made a fortune in the cryptocurrency, and were placed in police custody.

·Paris, France
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ledauphine.comledauphine.com
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These five people are suspected of being involved in the kidnapping in Paris of the father of a cryptocurrency contractor on May 1st. He had his finger cut off.

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bitcoinke.io broke the news in on Tuesday, June 10, 2025.
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