French police have rescued the father of a crypto millionaire after he was kidnapped and held for ransom. The man, in his 50s, was abducted in broad daylight by four masked individuals and later found in a house in Palaiseau, a suburb of Paris, with one of his fingers severed.

The kidnappers demanded a ransom of between 5 to 7 million euros from his son. Police were able to locate the victim using a phone signal and arrested the four suspects. This is the third crypto-related kidnapping in France in 2025, following other high-profile cases, including the abduction of Ledger co-founder David Balland earlier this year. #BTC