{"id":1536177,"date":"2025-05-15T09:00:00","date_gmt":"2025-05-15T13:00:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1536177"},"modified":"2025-05-15T09:00:00","modified_gmt":"2025-05-15T13:00:00","slug":"french-minister-to-meet-crypto-firms-after-kidnapping-attempt","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/french-minister-to-meet-crypto-firms-after-kidnapping-attempt\/1536177\/","title":{"rendered":"French Minister To Meet Crypto Firms After Kidnapping Attempt"},"content":{"rendered":"

French Minister To Meet Crypto Firms After Kidnapping Attempt<\/span><\/p>\n

\n

Authored by Adrian Zmudzinski via CoinTelegraph.com,<\/em><\/a><\/p>\n

The French interior minister reportedly plans to meet cryptocurrency professionals in the aftermath of a violent kidnapping attempt <\/strong>on the family of a crypto exchange executive in Paris.<\/p>\n

<\/a><\/p>\n

According to a May 14 France24\u00a0report<\/a>, Interior Minister Bruno Retailleau has invited crypto professionals to meet him after a brazen\u00a0attempt to kidnap the daughter and grandson\u00a0<\/a>of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium.<\/p>\n

\u201dI will assemble businesspeople working in cryptocurrencies, and we have a few of those in France, at the interior ministry to work with them on their security,\u201d <\/strong><\/em>Retailleau reportedly told the Europe 1\/CNews broadcaster.<\/p>\n

On May 13, three masked men attacked Noizat\u2019s daughter while she was walking in Paris\u2019 11th district with a man and her son. The attackers tried to force Noizat\u2019s daughter and her son into a white van.<\/p>\n

Passersby intervened, with one scaring the assailants while brandishing a fire extinguisher before throwing it at them as they fled.<\/strong> The event is now being investigated by local authorities, with the vehicle used being found abandoned nearby on the same day.<\/p>\n

En plein Paris, un homme a \u00e9t\u00e9 violent\u00e9 par des individus cagoul\u00e9s, habill\u00e9s tout en noir. Ils tentaient de l’enlever. Un homme a surgi, extincteur \u00e0 la main, pour les faire fuir. \u2192https:\/\/t.co\/P0qV6PR40v<\/a> pic.twitter.com\/9f4r2Gi7ho<\/a><\/p>\n

\u2014 Le Figaro (@Le_Figaro) May 13, 2025<\/a><\/p>\n

Growing risk for cryptoholders<\/h2>\n

Jameson Lopp, a cypherpunk and co-founder of self-custodial firm Casa, has created a\u00a0list<\/a>\u00a0on GitHub recording dozens of offline crypto robberies, with 22 incidents of in-person crypto-related theft so far this year.<\/strong> Many in the crypto industry highlight that anonymity is the only way to effectively protect holders and their close circle against so-called \u201c$5 wrench attacks.\u201d<\/p>\n

<\/a><\/p>\n

$5 wrench attack explanation. Source:\u00a0<\/em>XKCD<\/em><\/a><\/p>\n

Lopp\u2019s list is likely undercounting the total number of attacks targeting people over their involvement in the crypto industry. <\/strong>A University of Cambridge study in September\u00a02024\u00a0found<\/a>\u00a0that these so-called \u201cwrench attacks\u201d are often underreported due to revictimization fears.<\/p>\n

France saw its fair share of cases<\/h2>\n

Paris is also no stranger to these attacks. Earlier this month, Paris police\u00a0freed the father<\/a>\u00a0of a crypto entrepreneur who was held for several days in connection with a 7 million euro ($7.8 million) kidnapping plot.<\/p>\n

At the start of this year, David Balland, co-founder of leading crypto hardware wallet manufacturer Ledger, was\u00a0abducted from his home in central France<\/a>. He was held captive until a police operation on the night of Jan. 22 secured his release.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nThu, 05\/15\/2025 – 05:00<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/crypto\/french-minister-meet-crypto-firms-after-kidnapping-attempt<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

French Minister To Meet Crypto Firms After Kidnapping Attempt Authored by Adrian Zmudzinski via CoinTelegraph.com, The French interior minister reportedly plans to meet cryptocurrency professionals…<\/p>\n","protected":false},"author":0,"featured_media":1536178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1536177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1536177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1536177"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1536177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1536178"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1536177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1536177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1536177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}