Kidnapping

Former Crypto Trader Kidnapped and Strangled Near Paris 😨

🔹In a chilling incident highlighting the dangers faced by crypto figures, a former cryptocurrency trader identified as Alexandre was abducted near Paris—between Saint-Germain-en-Laye and the city—late at night. Kidnappers, using geolocation and possibly even a photo sent from Alexandre’s phone, demanded a €10,000 ransom. He was strangled until he lost consciousness before being released unharmed; strangely, no ransom was paid. Authorities later found him in the 10th arrondissement around 4 a.m., battered and in shock.

🔹This harrowing episode adds to a disturbing wave of violent acts targeting individuals associated with cryptocurrency in France. Earlier this year, Ledger co-founder David Balland was kidnapped and mutilated, while the daughter of Paymium’s CEO narrowly escaped abduction. Police have since arrested more than 20 suspects connected to these crimes. 🔒

🔹As digital assets continue to rise in popularity, anonymity and portability make crypto holders especially vulnerable to targeted attacks. This latest case is a stark reminder that beyond market volatility, personal security is now one of the biggest risks in the world of crypto. 🚨

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As France grapples with a surge in crypto-linked crimes, the abduction of a young man in a Paris suburb shows a disturbing new trend: targeted attacks on people believed to hold digital assets.
A 23-year-old man was reportedly kidnapped in Maisons-Alfort, a suburb of Paris, in what marks the latest in a growing number of violent incidents linked to cryptocurrency.
According to a Thursday report by Le Parisien, the victim was abducted earlier this week and held for several hours as his captors demanded access to both cash and his Ledger wallet.
The attackers reportedly targeted the victim and his partner, forcing them into a situation that French police are now investigating as kidnapping and unlawful confinement by an organized gang.
Paris Suburb Sees Another Crypto-Linked Kidnapping as Attacks Escalate
The incident began on Tuesday morning when the young couple left their home by car. They had set out on errands. When the driver couldn’t find parking, his partner got out while he circled the neighborhood.

Minutes later, she received a message from her partner claiming he had an urgent work issue.
Unaware of the real situation, she returned home. That’s when the event quickly escalated.
Her phone rang. It was a video call. On the screen wasn’t her partner, but another man.
The person on the call demanded that she gather €5,000 in cash and a Ledger hardware wallet and place them in a bag.
“Violence was used to make him talk,” a source told Le Parisien, indicating the kidnappers had knowledge of the man’s crypto holdings.
The woman, following the instructions, waited outside her home with the bag. A third person arrived and collected it.
By 5 p.m., the victim called his partner. He had been released in the nearby town of Créteil and was on his way back. French authorities have not disclosed any details about the man’s identity or the exact amount of crypto involved.
Police from Val-de-Marne are now handling the case. A source confirmed that the woman has been handed over to the judicial police.
“This is a sensitive case,” a police official said. The Anti-Banditism Brigade has reportedly made several arrests in connection with a series of recent kidnappings targeting crypto holders.
Tuesday’s attack is the tenth such case to surface in France in recent months, raising alarm among local crypto users and law enforcement.
Investigators believe the victim was carefully selected and that the perpetrators had detailed information about his assets and routines.
Surge in Violent Crypto Kidnappings Sparks Security Concerns Across Europe and Beyond
The recent wrench attack in a Paris suburb is just the latest in a chilling trend of violent crimes targeting crypto holders in 2025.
According to data compiled by Bitcoin security advocate Jameson Lopp, at least 32 wrench attacks have occurred globally this year, nearly one-third in France alone, putting 2025 on track to surpass the previous record of 36 incidents in 2021.
The assaults are becoming more brutal and calculated. Early this month, a crypto influencer in Essonne was kidnapped and beaten after attackers demanded €50,000 in crypto. They released him after discovering his wallet was nearly empty.
In January, David Balland, co-founder of Ledger, and his wife were kidnapped in rural France. Balland also had a finger cut off as part of a ransom attempt. Twelve suspects were later arrested.

In one of the most harrowing cases this year, the father of a young poker player-turned-crypto trader was abducted by men posing as delivery workers. The kidnappers demanded up to €7 million and sent a video of the victim’s finger being severed. He was later rescued by police in a dramatic operation.

Other attacks have similarly targeted families of crypto executives. In May, Pierre Noizat, CEO of Paymium, narrowly avoided tragedy when a group attempted to kidnap his daughter and grandson.
That same month, authorities charged 25 suspects linked to a broader kidnapping ring across Paris.
The violence hasn’t been confined to France. In the U.S., victims in New York and Las Vegas were kidnapped at gunpoint, one of them was driven over 70 miles into the Arizona desert by assailants seeking access to his wallet.
Security experts say the increase in ransom demands, mutilation, and family targeting reflects a new phase in crypto-related crime.
Private firms like Amsterdam-based Infinite Risks International report a surge in demand from crypto executives seeking 24/7 protection.

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Finger amputation for ransom, family attacks, millions in ransom— the dark underbelly of cryptocurrency crime exposed!

A 24-year-old suspect (Badiss Mohamed Amide Bajjou) was recently arrested by the police in Morocco, accused of being the mastermind behind multiple kidnapping and extortion cases targeting French cryptocurrency tycoons.
This young 'godfather', who has been placed on Interpol's red notice, is suspected of orchestrating a series of heinous criminal activities. One of the most shocking cases involved David Balland, co-founder of the cryptocurrency hardware wallet company Ledger: the kidnappers cruelly severed his fingers and demanded a cryptocurrency ransom of up to 10 million euros (approximately 78 million yuan). When police searched Bajjou's hideout, they seized a large amount of evidence related to the crime, including weapons, mobile phones, and cash.

A 24-year-old French-Moroccan man has been arrested in Morocco after being linked to a string of recent kidnappings in France aimed at stealing crypto. Based on reports, Badiss Mohamed Amide Bajjou was taken into custody by Morocco’s national police on June 4.
He was reportedly carrying several bladed weapons and multiple mobile phones at the time of his arrest. French justice officials had asked for his extradition after Interpol issued a Red Notice in 2023.
Arrest In Morocco
According to French authorities, Bajjou was found in possession of weapons that suggested he was working with a larger group. He was located thanks to coordination between French and Moroccan law enforcement.
On June 4, France’s Minister of Justice, Gérald Darmanin, publicly thanked Morocco via an X post for the swift action. The post highlighted “excellent judicial cooperation” and noted that this arrest was a serious blow to organized crime networks targeting crypto holders.

Failed Kidnapping Attempt On May 13
Based on reports, the most recent incident involved masked assailants trying to abduct the daughter and grandson of Pierre Noizat, the CEO of French crypto platform Paymium. This took place in broad daylight on May 13.
A short video clip shows Noizat’s daughter fighting back, with help from bystanders. They managed to push the attackers into a van and force them to flee. No money was taken, but the boldness of the attack shocked local residents.
Earlier Abductions And Ransom Demands
On May 3, Paris police freed the father of a crypto entrepreneur after he had been held for several days. Kidnappers had demanded a ransom of 7 million euros ($7.8 million). The victim was released thanks to a targeted police operation.
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Going back to January 21, Ledger co-founder David Balland was abducted from his home in central France in the early hours of the morning. He was held until January 22, when police rescued him in a nighttime raid.
Interpol Red Notice And International Efforts
Interpol first flagged Bajjou in 2023, linking him to prior kidnappings and other crimes. Based on those alerts, French officials have been monitoring his movements for months.
International cooperation has been key in tracking suspects across borders. Morocco’s willingness to act on France’s request suggests growing ties in combating crypto-linked crime. Officials say more arrests could follow as investigations continue.
Government Response And Security Steps
French law enforcement is now offering extra protection to crypto executives and their families. Measures include priority phone lines, home security checks, and safety briefings.
Authorities said these steps aim to prevent more attacks. Police are urging anyone holding significant crypto assets to be cautious. They recommend simple practices like avoiding public displays of wealth and keeping emergency contacts handy.
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Hey everyone, have you heard the crazy story about the *Pakistani trader* who was kidnapped and had a huge amount of money stolen for his freedom? 😲 Well, this incident has shocked many in the crypto community and beyond. Let’s break down what really happened and the details surrounding the shocking event.

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*What Happened? 🤔*
A *Pakistani cryptocurrency trader* was *kidnapped* and held for ransom. The kidnappers demanded a staggering *340,000* for his release. This story has not only shocked the local community but also raised concerns about the security risks that come with being involved in the high-stakes world of crypto trading. 😔

The trader was abducted by a gang that specifically targeted him due to his wealth and involvement in the crypto space. These criminals have become more aware of the growing fortunes that crypto traders can accumulate, and this case highlights the risks traders face globally. 🌍

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*The Details: 340,000 Stolen 💰*
The kidnappers held the trader captive, demanding *340,000* for his release. The family of the victim was forced to negotiate with the criminals, but the situation became even more intense as the kidnappers continued to demand more. Eventually, the family was able to meet the ransom demand and secure the victim’s freedom. 🆘

However, the story doesn't end there. The authorities managed to arrest *seven people* involved in the crime. The police were able to track down the criminals, leading to their arrest, and they recovered a portion of the stolen money. 👮‍♂️

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*What Does This Mean for Crypto Traders? 💭*
This incident raises important questions about the safety of crypto traders, particularly in countries where the cryptocurrency market is growing rapidly but security measures may not be as advanced. While crypto offers a world of opportunities, it also attracts attention from criminals looking to take advantage of traders' wealth.

*Here’s what you need to keep in mind as a crypto trader:*
1. *Be Aware of Your Security*: Always prioritize your personal and financial security. Use *secure wallets*, *two-factor authentication*, and *VPNs* to protect your assets and identity.
: 2. *Avoid Sharing Too Much Information*: Be cautious about sharing your crypto holdings and financial activities online or with people who may not be trustworthy.
3. *Stay Vigilant*: If you’re dealing with large sums of money, be extra cautious of your surroundings and who you trust.

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*Conclusion: A Wake-up Call for the Crypto Community 🚨*
This kidnapping incident is a stark reminder of the *real-world risks* that come with trading and holding cryptocurrency. While crypto can be an incredibly profitable space, it’s crucial to remember the importance of *security* and *privacy*. 🔒

We hope that this story serves as a *wake-up call* to anyone involved in crypto trading. Always make sure to take precautions and prioritize your safety. 💡

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*#CryptoSecurity #CryptoTraders #PakistaniProduce #CryptoNews🔒📰🚫 #Kidnapping #CryptoRisks*