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Multiple suspects arrested in the France Crypto Assets kidnapping case; victim had fingers cut off and demanded $8 million ransom.
On June 12, French police arrested several suspects in a crypto assets kidnapping case. On May 3, police had launched a raid to rescue the father of a certain crypto assets entrepreneur, who had been held captive for several days and had his fingers severed, with the kidnappers demanding a ransom of 8 million dollars. On June 4, Morocco arrested a mastermind behind a series of French crypto assets kidnapping cases, and on May 26, Paris arrested 12 related suspects.
Experts analyze that criminal organizations may mistakenly believe that Crypto Assets are untraceable, and some users’ lack of basic security awareness has also contributed to such cases.