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Cryptocurrency crime is expanding beyond the digital world.

According to sources from the French police, three masked and armed men attempted to kidnap the daughter and two-year-old grandson of a cryptocurrency entrepreneur in the 11th district of Paris.

The incident occurred on Rue Pache around noon. Witnesses reported seeing three men in balaclavas approaching a young mother and her child.

According to local reports, the situation quickly escalated when the child's father intervened. After a struggle, he was able to thwart the kidnapping attempt, forcing the assailants to flee the scene.

The assailants escaped in a van, which was later found abandoned a few blocks away. No injuries were reported.