French crypto entrepreneurs to get extra security in recent kidnapping

PANews May 17th news, according to Politico, cryptocurrency entrepreneurs and their families will receive enhanced security measures in view of the increasing number of recent cryptocurrency-related kidnappings in France. The French Ministry of Interior said these measures include prioritizing call to the police emergency hotline, home visits and law enforcement to provide security briefings to provide best practice recommendations. Law enforcement officers will also receive “anti-crypto assets money laundering training.” "In response to repeated kidnaps of cryptocurrency industry professionals, we will use real-time and short-term specific measures to protect the industry," Home Minister Bruno Retailleau said in a statement.

Since the beginning of this year, there have been at least three incidents of kidnappings of cryptocurrency industry leaders or their families in France. Previous news , France will hold a security conference in the crypto industry to deal with the successive kidnapping incidents. 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 was slightly injured and escaped . 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.