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France makes arrests in crypto kidnap cases 👮

France makes arrests in crypto kidnap cases 👮

French authorities have arrested 12 suspects linked to a spate of crypto kidnapping attempts in the country.

Stephen Graves
May 27, 2025

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📝 What you need to know

French police have arrested at least 12 suspects linked to crypto kidnap attempts in the country.

France has been blighted by a wave of kidnappings and kidnap attempts targeting wealthy crypto investors, executives and their relatives in recent weeks, part of a phenomenon that has spread as far afield as the United States and Uganda.

Crypto’s promise of “being your own bank” comes with attendant risks—most notably that of the famous “$5 wrench attack”—and personal security professionals have reported that the crypto-wealthy are starting to think carefully about how to protect their holdings when they themselves are the weak link. The first and most obvious piece of advice? Don’t flaunt your crypto.

French Police Arrest 12 Suspects in Crypto Kidnapping Investigations

The arrests follow a spate of kidnap attempts targeting wealthy cryptocurrency investors and executives in France.

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