Attempted Kidnapping of Crypto Tycoon’s Family Foiled in Paris.

In a dramatic incident on Tuesday morning, two individuals closely connected to the cryptocurrency industry were the targets of an attempted kidnapping in the heart of Paris. The attack occurred on Rue Pache in the 11th Arrondissement, where three masked men tried to abduct the daughter and two-year-old grandchild of a prominent crypto entrepreneur.

According to *Valeurs Actuelles* and *The Times*, the kidnapping was thwarted when the child’s father intervened, forcing the assailants to flee in a van, which was later found abandoned. Authorities believe this was a targeted attack, part of a disturbing trend of criminals preying on wealthy figures in the crypto space.

This marks the third kidnapping attempt in France this year involving individuals from the crypto sector. In January, Ledger co-founder David Balland and his partner were abducted and tortured for ransom. Earlier this month, another crypto figure’s father was also kidnapped and later rescued by police in a high-risk operation.

French authorities are treating the incidents as serious threats linked to the increasing wealth and visibility of crypto entrepreneurs. Interior Minister Bruno Retailleau has praised law enforcement for their swift and effective response.

As investigations continue, the crypto community is being urged to heighten personal security amid rising risks.