Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101275
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
63.66%
Bitcoin Share
CoinTelegraph 2025-05-04 21:27:54

Kidnapped dad of crypto businessman freed from ransom attempt: Report

Kidnapped dad of crypto businessman freed from ransom attempt: Report

The father of an unnamed crypto entrepreneur was freed by police in Paris, France, during a law enforcement raid of the property where the man was held captive for ransom over several days. According to reporting from Le Monde, the May 3 raid resulted in five arrests. Local outlet Le Parisien also said the kidnappers demanded between 5 million and 7 million euros, or up to $7.9 million, to release the captive man. Although the details on the identity of the victims remain scant, likely for security reasons, the crypto entrepreneur and his father co-owned a crypto marketing firm based in Malta, French media reports. This incident features similarities to the kidnapping of Ledger co-founder David Balland in France in January 2025. Balland was also held for a crypto ransom until he was freed by law enforcement officers in a rescue operation. Unfortunately, this latest incident also follows a string of similar ransom attempts around the world targeting crypto users and their loved ones in an attempt to extort funds from individuals perceived to hold a sizable amount of wealth. Related: $330M Bitcoin social engineering theft victim is elderly US citizen Crypto kidnapping attempts sadly become all too common In November 2024, WonderFi CEO Dean Skurka was kidnapped and forced to pay a $1 million cryptocurrency ransom to the assailants, who abducted him using a vehicle in downtown Toronto, Canada. Six individuals in Chicago, Illinois were charged in February 2025 with the kidnapping of a family and their nanny in exchange for a crypto ransom. According to an FBI report, the kidnappers forced their way inside the Chicago home by pretending they had accidentally damaged the family's mechanical garage door. Once inside, the suspects forced the family into a van and abducted the family for five days before forcing them to surrender $15 million worth of cryptocurrencies to secure their release. Online streamer Amouranth was the victim of a home invasion in March 2025 when several armed suspects held her at gunpoint and demanded the keys to her cryptocurrency. Four suspects were charged in connection to the incident and arrested by law enforcement officials in the US state of Texas. Magazine: Bitcoiner sex trap extortion? BTS firm’s blockchain disaster: Asia Express

Most Read News

Moralis Money
Market Cap
24h Vol
63.66%
Bitcoin Share
120
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.