Some criminal organizations still have to take care of the memo crypto-and could explain the youngest series of crypto-related kidnappings, says Jonathan Levin, CEO of Chainalysis.
The law enforcement agencies were at all times successful in pursuing stolen funds and crypto ransomenposs, which led to a number of arrests, said Levin in the course of the consensus conference of Consensus Crypto 2025, which is roofed by Cintelegraph.
“For some reason there may be a perception that’s on the market that crypto is a capital that will not be comprehensible and that is actually suitable for criminals who act in a certain way,” he said.
“Apparently the knowledge that crypto will not be comprehensible knows from a number of the organized crime groups that truly commends these attacks, and a few of them concentrate in France, but not exclusively.”
Jonathan Levin (left) says that criminals who aim on the crypto industry should know that the funds are comprehensible and the law enforcement authorities can pursue them. Source: cointelegraph
In Paris there have been two serious crypto -related attacks in Paris this month. On May thirteenth, three attackers, the daughter and grandson of Pierre Noizat, the co -founder and CEO of French Crypto Exchange Paymium tried to kidnap.
At the start of the month, on May 3, the Paris police freed the daddy of a crypto entrepreneur, which was held for several days as a part of a kidnapping property of seven million euros (7.8 million US dollars). The attacks have prompted the inside minister in France to satisfy with crypto experts and to take into consideration increasing security concerns.
Last 12 months, the Blockchain investigator ZachxBT was alarm in October that he received news from several victims from Krypto home invasion theft in Western Europe in Western Europe than other regions.
“The message must come out that these payments are comprehensible and that these units throughout the law enforcement authorities were actually very successful with a view to take a few of these people under consideration in these kidnapping cases,” said Levin.
“And even when it will not be the individuals who kidnap these people, but actually to the organized crime groups that orchestrate,” he added.
In March 2025, the net streamer Amouranth was the victim of a house vasion when several armed attackers held them with the weapon held up and demanded the keys to their crypto letter pocket. Four suspects were charged with the incident and arrested by the law enforcement authorities.
https://www.youtube.com/watch?v=hf08so8tei
Cypto kidnap “no profitable business”
Levin says he hopes that organized crimes will take over a message from crypto robbers, specifically that it’s “not so profitable business”, and in some cases the ransom payments could even be restored.
“There is the power to revive a few of these payments. I feel that the goal here is usually not necessarily the restoration of the cash, but are accountable for these people,” he said.
Although the law enforcement agencies had some success within the detection of criminals to the crypto industry, Levin, in keeping with Levin, is that the flood of offline robberies continues to be a “bleak” situation and the industry should take additional steps to suffocate the theft.
“People should be very careful about what information is passed on online about them,” he said.
This 12 months there have been 22 incidents of personally crypto -related theft in comparison with 28 in 2024.
However, the number may very well be higher. A study by the University of Cambridge published in September last 12 months showed that these so -called “wrench attacks” are sometimes subdued attributable to fears of resuscitation.
Additional reporting from Vince Quill.
