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France is experiencing a disturbing rise in violent kidnappings aimed at cryptocurrency investors and their families, with the latest incident occurring in a busy Paris neighborhood. On May 14, three masked assailants attempted to abduct the daughter of Pierre Noizat, the owner of cryptocurrency platform Paymium, while she was walking with her two-year-old son. According to eyewitness reports, the father intervened but sustained injuries before a neighbor intervened, causing the kidnappers to flee.
The increase in such crimes is attributed to the appeal of cryptocurrency for organized crime, which finds its rapid and anonymous nature ideal for ransom and extortion. French authorities have faced escalating challenges from criminal organizations, prompting the Minister of the Interior, Bruno Retailleau, to convene a meeting with industry representatives to discuss enhancing security measures.
Recent cases include the violent abduction of a cryptocurrency investor's father in Normandy, highlighting a disturbing trend of extreme violence in these situations. Retailleau vowed to target the masterminds behind these attacks, indicating the government's commitment to addressing this alarming trend, as reported by local media.