France Increases Security for Cryptocurrency Entrepreneurs After Kidnapping Cases

Wu Shuo reported that, in response to two successful kidnappings and an attempted kidnapping involving cryptocurrency entrepreneurs and their families in France, the French government announced enhanced security measures. These include priority channels for emergency reporting, home security inspections, and safety guidelines for the affected individuals and their families. Additionally, law enforcement authorities will receive specialized training in combating money laundering related to crypto assets. The French Minister of the Interior, Bruno Retailleau, stated that acts of violence targeting professionals in the cryptocurrency industry are considered interconnected and are under investigation by prosecutors specialized in organized crime, with several arrests already made.

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