The French Interior Minister reports that after a violent try and kidnap against the family of a crypto exchange manager in Paris.
According to a report dated May 1424, the Interior Minister Bruno Retailleau invited crypto professionals to fulfill him after taking him to fulfill the co-founder and CEO of French Crypto Exchange Paymium, the co-founder and CEO of French Crypto Exchange Paymium.
“I’ll put together business individuals who work in cryptocurrencies, and we’ve got a few of those in France within the Interior Ministry to work with them on their security,” said Retailleau, in line with Europe 1/CNEWS transmitter.
On May thirteenth, three masked men attacked Noizat's daughter when she went with a person and son within the eleventh district of Paris. The attackers tried to force noizat daughter and her son right into a white van.
Passers -by intervened and one frightened the attackers as he swung a hearth extinguisher before he threw him on them after they fled. The event is now examined by the local authorities, whereby the vehicle was left nearby on the identical day.
In the center of Paris, a person was injured by black -dressed individuals with a hood. They tried to remove it. A person emerged, fire extinguishers to scare them. → https: //t.co/p0qv6pr40v pic.twitter.com/9f4r2gi7ho
– Le figaro (@le_figaro) May 13, 2025
Growing risk for crypto owners
Jameson Lopp, a Cypherpunk and co-founder of the Self-Custodial company Casa, has created a listing of Github recordings of dozens of offline crypto robberies, with 22 incidents of previously personal crypto-related theft this 12 months. Many within the crypto industry make clear the proven fact that anonymity is the one approach to protect the owner effectively and their narrow circle against so-called “5 dollar wrench attacks”.
$ 5 wrench attack explanation. Source: XKCD
The Lopp list is prone to examine the full variety of attacks which can be aimed toward individuals with people about their participation within the crypto industry. A study by the University of Cambridge in September 2024 showed that these so -called “wrench attacks” are sometimes underembled on account of fears of resuscitation.
France saw his appropriate proportion of cases
Paris can also be not a stranger for these attacks. At the start of this month, the Paris police freed the daddy of a crypto entrepreneur, which was held for several days in reference to a kidnapping organizer of seven million euros (7.8 million US dollars).
At the start of this 12 months, David Balland, co-founder of the leading crypto hardware letter bag manufacturer, was kidnapped by his house in central France. He was caught until a police operation secured his release on the night of January twenty second.
