Published 8 months ago • loading... • Updated 8 months ago
French Magistrate Held for Crypto Ransom
Five suspects arrested after a 35-year-old magistrate and her mother were held about 30 hours in a crypto ransom plot; no ransom was paid and victims escaped injured.
On Feb 8, French authorities arrested five suspects after the 35-year-old magistrate and her 67-year-old mother were found injured following around 30 hours captive in Bourg-lès-Valence.
The kidnappers sent a message and photo demanding cryptocurrency payment to the magistrate's partner, who holds a leading role at a crypto start-up during Feb 4-5 overnight.
Victims freed themselves by banging on the garage door and called for help without any ransom paid, while a neighbour who intervened opened the garage where victims were held.
Two suspects were detained while trying to take a bus to Spain, authorities said, a minor was arrested on Sunday, and ongoing searches continue with a woman in custody.
The case fits a pattern of kidnappings targeting wealthy crypto figures as French authorities face a string of kidnappings targeting crypto-linked wealthy individuals, including David Balland, whose kidnappers cut off his finger; Balland co-founded Ledger, valued at more than $1 billion.