Paris Kidnap Bid Highlights Crypto Data Security Risks

Paris kidnap bid highlights crypto data security risks

New regulations threaten the security of the personal data of cryptocurrency users and may expose them to "physical danger", the platform at the centre of last week's Paris kidnapping attempt has claimed.

Man Kidnapped At Gunpoint, Three "Youths" Steal $4 Million In Crypto!

In an absolutely WILD story, three "teenagers" have been accused of kidnapping a Las Vegas man at gunpoint, driving him 70 miles into the desert, and then stealing $4 million worth of crypto from him. Take a look: CoinTelegraph has more details: Local NBC8 had more details on how they ...

Half a dozen cryptocurrency businessmen have been kidnapped around the world in the past year. Not all of them have ended as happily as the one in Paris earlier this week, where the attackers fled. Cryptocurrencies are easy to move and transfer, making it much easier to extort money from them than to rob a bank.

While kidnappings or attempts to kidnap cryptocurrency entrepreneurs or members of their families are increasing, a professional in the sector has wanted to provide a significant indication. Contrary to the ideas received, cryptocurrency is traceable.

Wave of Crypto Kidnappings in France Raises Security Alarms, Possibly Impacting Presidential Race

France is witnessing a rising wave of kidnappings aimed at cryptocurrency entrepreneurs. The situation is not only damaging the country's reputation but is also becoming a political issue

Masked gang try to kidnap daughter of crypto tycoon on busy Paris street

French prosecutors are investigating after a masked gang tried to kidnap the daughter of a crypto businessman in Paris in what is at least the third violent attack targeting wealthy crypto players and their families in recent months.