Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers
- On May 13, 2025, masked assailants in Paris attempted to kidnap the daughter and grandson of Paymium's co-founder during a violent street attack.
- This attack follows recent high-profile kidnappings and ransom attempts targeting cryptocurrency executives and their families across France in 2025.
- Authorities arrested seven suspects, increased police presence in crypto-frequented areas, and cooperated with companies to strengthen security and respond to a rise in violent crimes.
- One victim lost a finger during captivity, and criminals demanded ransoms up to 10 million euros, illustrating the severity of threats facing the growing affluent crypto community.
- In response, the French Interior Ministry pledged enhanced protections, including security briefings and emergency police access, while advising crypto investors to avoid displaying wealth publicly.
53 Articles
53 Articles
Crypto execs increase personal security amid recent uptick in threats, kidnappings
Threats against high-profile names in the cryptocurrency world are rising as the value of industry holdings continues to grow.Geno Roefaro, CEO of Florida-based SaferWatch, a security platform designed to enhance emergency response across public and private institutions, has observed a growing trend: organized crime groups are increasingly targeting individuals’ cryptocurrency holdings using "sophisticated methods."Jethro Pijlman, managing direc…
Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers
Even before Coinbase Global Inc. disclosed that hackers had stolen the home addresses and account balances of its customers, Jethro Pijlman was seeing an uptick in interest from concerned clients with large crypto holdings who were looking for bodyguards and other forms of protection.
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