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Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers

  • On May 13, 2025, masked assailants in Paris attempted to kidnap the daughter and grandson of Paymium's co-founder during a violent street attack.
  • This attack follows recent high-profile kidnappings and ransom attempts targeting cryptocurrency executives and their families across France in 2025.
  • Authorities arrested seven suspects, increased police presence in crypto-frequented areas, and cooperated with companies to strengthen security and respond to a rise in violent crimes.
  • One victim lost a finger during captivity, and criminals demanded ransoms up to 10 million euros, illustrating the severity of threats facing the growing affluent crypto community.
  • In response, the French Interior Ministry pledged enhanced protections, including security briefings and emergency police access, while advising crypto investors to avoid displaying wealth publicly.
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The Straits Times broke the news in Singapore on Friday, May 16, 2025.
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