France will hold a security conference on crypto industry to deal with successive kidnappings

PANews reported on May 14 that according to France 24, French Interior Minister Bruno Retailleau announced that he would convene a meeting of his country's cryptocurrency industry personnel on Friday to deal with the recent frequent kidnapping of crypto companies. The decision follows an attempted kidnapping incident in Paris on May 13. The daughter of a French crypto entrepreneur and his grandson were attacked by four masked gangsters on the street, but fortunately he escaped from danger with minor injuries . It is reported that the woman is the daughter of the co-founder and CEO of French crypto trading platform Paymium. In recent years, there have been many cases of kidnapping related to crypto wealth in France, including Ledger co-founder David Balland being kidnapped and tortured in January this year.

"We will discuss security protection measures with crypto industry entrepreneurs to make them more aware of the risks," Retailleau said. He added that criminals will be tracked down at any cost, "even if they have fled overseas."