CryptoCrime

U.S.-based crypto exchange Coinbase has announced its major role in uncovering and tracing one of the largest crypto frauds in U.S. history. In collaboration with the U.S. Secret Service and FBI, Coinbase helped track millions in stolen digital assets and identify hundreds of scam victims tied to a fraud scheme known as “pig butchering.”

🔹 A Historic Seizure Worth Hundreds of Millions

Last week, Secret Service Special Agent Shawn Bradstreet confirmed the seizure of $225.3 million in USDT, calling it the largest cryptocurrency confiscation in the agency's history.

The funds were linked to an international criminal network engaged in human trafficking and romance-investment scams, where victims were lured via fake online relationships and persuaded to invest in fraudulent crypto projects with the promise of high returns.

🔹 Coinbase Played a Key Role in the Investigation

Coinbase revealed that its forensic team worked for several days tracing hundreds of thousands of blockchain transactions from suspicious wallets back to payments made through its platform. This allowed authorities to identify specific victims eligible for restitution.
“Our forensic analysis helped flag the victims and track the suspect wallets. We’re proud to support the fight against crypto-related fraud,” said Coinbase.

🔹 Crypto Scams Skyrocket in 2024

A report from Chainalysis shows that pig butchering scams have soared this year:

📈 Revenue from such scams is up 40%

📈 Deposits into scam wallets surged 210% compared to 2023

📉 However, the average deposit per victim dropped 55%, indicating a shift in strategy: scammers are now targeting more people with smaller amounts.

Additionally, other fraud methods have also surged:

🔹 Address poisoning attacks up 15,000%

🔹 Fake airdrop campaigns

🔹 Scams impersonating the U.S. SEC
One of the year’s most notable events occurred on May 3, when an attacker nearly stole $68 million in WBTC on Ethereum – only to return the funds to the victim. The incident sparked speculation about the motives behind the act.

🔹 Tether Steps In

Stablecoin issuer Tether, acting on authorities’ requests, froze the wallets tied to the scam and stated that it has now frozen over $2.7 billion in USDT linked to illegal activity since its inception. This highlights how stablecoins have become a preferred tool for laundering stolen crypto assets.

#Tether , #Cryptoscam , #CryptoFraud , #CryptoSecurity , #CryptoCrime

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#CryptoCrime #MarketRebound #CryptoStats #IfYouAreNewToBinance

Notable crypto-related crimes committed on June 24 in history:

📅 June 24, 2021

Metropolitan Police in London seize £114 million (~$158 million) in crypto, marking the UK’s largest ever seizure. Detectives from the Economic Crime Command intercepted criminal funds following intelligence on illicit asset transfers en.wikipedia.org+15reddit.com+15cointelegraph.com+15.

📅 June 24, 2022

Harmony’s Horizon Bridge hacked by Lazarus Group, a North Korea–linked cybercrime syndicate. The FBI later confirmed they stole approximately $100 million in crypto on that day .

Also on the same day, funds from that hack were laundered using Tornado Cash, a crypto mixer that would later be blacklisted. The U.S. Treasury alleged $96 million was laundered through it from the Horizon hack en.wikipedia.org.

📅 June 24, Other Years – Notable Context

While these are the most prominent crypto crime days on June 24, earlier historical incidents around mid‑year include:

Typosquatting thefts (e.g., a €24 million scam busted in June 2019 across Europe) axios.comscworld.com+2nltimes.nl+2eurojust.europa.eu+2,

And classic exchange hacks like the Mt. Gox collapse (February 2014) and Bitfloor breach (September 2012) techcentral.co.za+1time.com+1—though not tied to June 24 specifically.

📰 Recent Coverage (June 24, 2025)

A global criminal association, Hongmen, launched and later dumped its “Hongbi” cryptocurrency—an apparent pump-and-dump scheme used for money laundering, per UNODC washingtonpost.com.

U.S. states are cracking down on crypto ATMs due to a surge in scams targeting older Americans, with a tenfold increase in kiosk-related losses between 2020 and 2023 axios.com.

💡 Summary

June 24 has been a recurring date for major crypto crimes—and enforcement actions:

High-value government seizures (UK Met Police 2021),

Cyberheists by state‑linked actors (Horizon Bridge 2022),

And ongoing use of crypto infrastructure for illicit schemes (pump‑and‑dump, scams via ATMs).

#CryptoCrime
The crypto industry’s rapid growth has created massive opportunities for innovation and a fertile ground for crypto scams. The scale of this exploitation became starkly apparent in 2024, when Americans alone lost a record $9.3 billion to crypto-related crimes, representing a devastating 66% increase from the previous year’s $5.6 billion.
The FBI’s Internet Crime Complaint Center received nearly 150,000 crypto-related complaints in 2024, indicating that what once seemed like isolated incidents has now metastasized into a systematic threat to digital finance.

Perhaps most alarming is the demographic targeting, with people over 60 reporting the highest losses at $2.8 billion. At the same time, Chainalysis data suggests that North Korean hackers alone stole $1.34 billion from crypto platforms in 2024, representing 61% of all stolen funds.
Crystal, a leading blockchain analytics platform, sits at the frontline of this battle. The company’s tools help track illicit cryptocurrency flows and provide crucial intelligence for investigations.
We spoke with Navin Gupta, CEO of Crystal since early 2024, about the sophisticated manipulation tactics driving modern crypto fraud. With over 23 years of leadership experience across fintech giants including Citigroup, HSBC, and Ripple, Gupta brings a unique perspective on how traditional financial crime prevention applies to the decentralized world of cryptocurrency.
Our conversation reveals how scammers exploit fundamental human psychology, why technical solutions alone aren’t enough, and what individuals and businesses can do to protect themselves.
The Psychology Behind Crypto Manipulation
CN: From your experience, what are the most common psychological tactics scammers use to build trust with their victims?
Gupta: The most common tactics revolve around urgency, authority and familiarity. Scammers impersonate figures of perceived authority, such as project founders, influencers, or even support staff, to create an illusion of legitimacy. They exploit FOMO by creating time pressure “You’ll miss your chance if you don’t act now.” They also mimic the visual identity of real platforms, tapping into a victim’s trust in brands.
These attacks are carefully orchestrated campaigns that understand human psychology at a deep level. What makes crypto particularly vulnerable is that many users are already operating in a high-risk, high-reward mindset, making them more susceptible to urgency-based manipulation.
CN: How do scammers exploit personal relationships or social closeness – the so-called “trust trap” in modern crypto fraud schemes?
Gupta: We’ve seen a surge in what we call “social infiltration.” Attackers slowly embed themselves into communities Discord servers, Telegram groups, even private DMs, posing as helpful members. They build rapport over time, sometimes for weeks, before proposing a scam investment or fake tool. The trap works because it doesn’t feel like fraud. It feels like a friend giving advice. The victim’s guard is down because of emotional familiarity.
This is particularly insidious because it exploits one of crypto’s greatest strengths: community. These tight-knit communities built around shared interests and investment strategies become perfect hunting grounds for patient predators.

Recent Chainalysis data shows that “pig butchering” scams, which rely heavily on building fake relationships, have seen an 85-fold increase since 2020. Victims often lose between $2-4 million individually, precisely because the emotional manipulation makes them willing to transfer larger amounts over time.
The psychology is devastatingly effective because it taps into fundamental human needs for belonging and trust. When someone who has been helpful and friendly for weeks suddenly presents an “exclusive opportunity,” victims might evaluate the investment and try to maintain a relationship they value.
Evolution of Social Engineering Tactics
CN: Social engineering is evolving fast. What new behaviors or emotional triggers are attackers using in 2024–2025 that we didn’t see five years ago?
Gupta: In 2024–2025, we’re seeing more hyper-personalized attacks. Thanks to leaked data and AI-powered profiling, scammers tailor messages that reflect the victim’s language, portfolio history, or even past interactions. Another trigger that has grown is empathy. Scammers fake medical emergencies or family-related causes to solicit crypto under emotional pretenses. There’s also a rise in “VIP scams” — attackers pretending to offer exclusive investment opportunities, exploiting status-driven FOMO.
AI has been a massively destructive tool for scammers. They can now generate convincing personas, mimic writing styles, and even create deepfake videos of trusted figures.
Just a few years ago, the level of personalization we’re seeing would have required teams of social engineers; now, it can be automated.
Chainalysis research indicates that AI is making fraud “more scalable and affordable for bad actors to conduct,” which explains why we’re seeing such dramatic increases in both sophistication and volume.
This hybrid approach has contributed to investment fraud becoming the costliest category, accounting for $5.7 billion in losses in 2024 alone, a 24% increase from the previous year.
CN: Could you walk us through a case where the victim was manipulated using privileged or sensitive personal data? How do attackers usually get hold of such data?
Gupta: In one case, Crystal analyzed, a victim received a phishing email that included a reference to a private wallet address and transaction from three years ago. The scammers had scraped blockchain data and cross-referenced it with leaked emails from old exchange breaches. This made the phishing message look highly legitimate. They even used the victim’s city and device type in the email footer. Data like this is often bought on darknet forums or extracted via malware and SIM-swaps.
What’s particularly concerning is how the transparency of blockchain data, which is generally a feature, becomes a vulnerability when combined with traditional data breaches. Scammers can build incredibly detailed profiles by connecting on-chain activity with off-chain personal information.
High-Stakes Social Engineering
CN: Could you share a case Crystal worked on that holds a strong lesson about how social manipulation works in scams?
Gupta: We investigated a case where a mid-sized crypto fund’s top manager was tricked by someone posing as their CEO on Telegram. The attacker spoofed the CEO’s Telegram ID, mimicked writing style, and asked for an “urgent liquidity transfer.” What’s shocking is that the attacker waited until the real CEO was traveling — information likely taken from social media. It’s a clear example of how scammers blend social engineering with timing and reconnaissance. The breach was emotional and contextual.
This particularly shows why traditional corporate security training often fails in the crypto space. The speed and irreversibility of crypto transactions don’t allow for the usual verification processes that might catch such attacks in traditional finance.
CN: Have you noticed an increase in scams targeting high-net-worth individuals or companies through tailored, “luxury” phishing attempts? If yes, how do these differ from mass-market scams?
Gupta: Absolutely. High-net-worth targets are approached with sophistication. These phishing attempts often arrive via LinkedIn, private invite-only communities, or even through introductions from compromised contacts. The language is polished, the visuals mimic premium branding, and the attackers often reference private investment rounds or bespoke DeFi tools. The difference lies in the prep work. Mass-market scams are fast and generic — contrary, “luxury” scams are slow, curated, and often involve weeks of social engineering.
Attackers invest months in building relationships with high-value targets. They’ll attend virtual events, contribute to discussions, and establish credibility before making their move. The ROI justifies this level of effort when a single successful attack can net millions.
This trend is part of broader market data showing that people aged 50-59 lost $164 million in Q1 2025 alone to investment scams, despite representing a smaller victim pool than younger demographics.
The sophistication extends beyond the approach, as these attackers often compromise legitimate contacts within a target’s network first and then use those trusted relationships as entry points.
The patience and resources required suggest these aren’t individual bad actors, but organized operations with substantial backing.
Technical Vulnerabilities and Human Error
CN: What are some of the less obvious but dangerous mistakes individuals or businesses make that put their funds at risk?
Gupta: One major issue is excessive platform trust. People assume that because a dApp looks slick or a Telegram bot has thousands of users, it must be safe. Another is poor key compartmentalization. Teams often store keys in shared environments like cloud folders or message threads. Businesses also overlook decentralized approval flows: if one person can sign large transactions, you’re just one social hack away from a breach.
The decentralized nature of crypto means there’s no customer service department to call when things go wrong. This finality demands a completely different security mindset than traditional finance, but many users haven’t adapted their behaviors accordingly.
CN: SIM-swap attacks remain a terrifyingly effective method. Can you break down how a SIM-swap can lead to a full asset drain?
Gupta: In a SIM-swap, attackers convince a telecom provider to transfer your number to a SIM they control. From there, they intercept 2FA codes, reset email passwords, and gain access to exchange accounts. Within minutes, they can drain wallets, liquidate NFTs, or even use saved cards to steal fiat. To protect against this, one should use hardware security keys, avoid SMS-based 2FA, and set up a separate device/email for financial operations that isn’t tied to public contact points.
The speed of a SIM-swap attack is what makes it so devastating in crypto. Unlike traditional finance, where there might be fraud detection systems or transaction delays, crypto moves at the speed of the blockchain, usually within minutes or even seconds.
Building Scam-Resistant Behaviors
CN: When looking at crypto scam victims, what’s more often the root cause: technical gaps or human error?
Gupta: It’s usually human error that opens the door and technical gaps widen it. Think of it as a chain: an emotional decision leads to a click, then poor architecture (like no withdrawal whitelist) lets funds leave instantly. Human behavior is the spark, and weak security design is the accelerant. The most effective scam prevention needs to address both: behavioral hygiene and technical barriers.
This is why education is emphasized alongside other technical solutions. You can build the most sophisticated security system, but if a user willingly provides their private keys because they trust a convincing impersonator, no technology can protect them.
CN: What tools should users look for to detect early signs of social engineering or potential scams?
Gupta: We recommend tools that analyze behavioral anomalies — for example, extensions that flag new domains mimicking existing dApps, or wallets that show risk scores on new token contracts. Also, always look for inconsistencies: slightly off URLs, urgency in language, or unexpected account activity. And most importantly: no tool replaces pause and verification. Slow is safe in crypto.
The crypto industry needs to develop better user experience patterns that naturally encourage verification without being overly cumbersome. The current state often forces users to choose between security and convenience, which is a losing proposition.
The Ultimate Defense Against Crypto Fraud
CN: If you could install one reflex in every crypto holder’s brain to make them scam-proof, what would it be?
Gupta: Assume every unsolicited message is a potential attack. That mental shift alone filters out 80% of threat vectors. If someone reaches out with urgency, secrecy, or flattery — stop. Your best defense is deliberate doubt.
The crypto space moves fast, but your money doesn’t have to. The few minutes you spend verifying a request could save you from losing everything you’ve worked to build in this space.

About Navin Gupta
Navin Gupta has been the CEO of Crystal since early 2024. He is a seasoned international executive with over 23 years of leadership experience in fintech and financial services. Prior to joining Crystal, Navin held key roles including Vice President at Citigroup, Head of Growth at HSBC, and Managing Director at Ripple.

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🗓️ Chronological Timeline & Key Details:
📍 Early 2024 – Onward:
🇨🇳 A Chinese cybercrime syndicate began operating in 🇮🇳 India, recruiting locals to open bank accounts for laundering illicit money.
💸 April–June 2025:
💰 The network laundered around ₹75–80 lakh (US $90,000) using Tether (USDT), a stablecoin transferred via the TRC-20 blockchain (TRC = Tron blockchain network).
🔁 These were peer-to-peer crypto transfers, bypassing regulated exchanges and avoiding Know-Your-Customer (KYC) checks.
📱 Operations through Telegram & Encrypted Channels:
💬 The fraud ring coordinated via Telegram, exploiting anonymity tools to conduct illegal crypto transactions.
🚔 June 2025 – Arrests in India:
👮 The Uttar Pradesh Cyber Crime Unit (India) led coordinated raids in three Indian cities:
▪️ Lucknow (Uttar Pradesh, India)
▪️ Raebareli (Uttar Pradesh, India)
▪️ Gonda (Uttar Pradesh, India)
🔗 Result: 10 Indian intermediaries were arrested.
🧾 Modus Operandi:
🎯 Victims were scammed online by Chinese-linked entities.
🏦 The stolen money was sent to Indian mule bank accounts.
💱 Intermediaries converted the funds into crypto (mainly USDT via TRC-20).
🚚 The crypto was transferred back to China; agents kept a commission.
📂 Evidence Seized:
The Uttar Pradesh Cyber Crime authorities confiscated:
📱 Mobile devices
💻 Laptops
📄 Bank records and digital wallets
💵 Cash
🧪 All as part of their forensic investigation.
⚖️ Legal Status (June 2025):
🤝 Two of the 10 suspects agreed to turn state witnesses for the Indian government.
⛓️ Remaining suspects are in judicial custody, awaiting formal charges.
💡 Conclusion: How to Prevent Such Crypto-Laundering Crimes?
1. 🔐 Stricter Regulation of P2P Crypto Markets
➤ Mandatory KYC and reporting for all USDT (TRC-20) transactions to reduce anonymity.
2. 🤖 AI-Based Transaction Monitoring
➤ Use blockchain analytics (e.g., Chainalysis, Elliptic) to track high-risk patterns.
3. 📣 Public Awareness Campaigns
➤ Educate the public about crypto frauds and digital scams.
4. 🌐 Global Cooperation
➤ Enhance international enforcement ties, especially with countries like China.
5. 📵 Telegram & App Surveillance (within legal limits)
➤ Monitor encrypted platforms used by laundering networks while respecting privacy rights.
#CYBER #CryptoCrime
$TRX
$USDT

📉 $BTC briefly plunged to $103,000, triggering nearly $413 million in liquidations, with 84% being long positions. The move was fueled by ongoing geopolitical tensions and increased selling pressure
However, BTC quickly recovered, rebounding to around $105,700, showing +1.4% in the last 24 hours.
📊 Analysts highlight a bullish divergence on the 4-hour chart, similar to the one that preceded May’s rally to $111,800. A confirmed breakout above $108,000 could push $BTC to new all-time highs, while losing the $100K level might open the door to deeper downside.
#Bitcoin #$BTC #CryptoNews #BTCAnalysis
🔗 Source
DERIVATIVES SIGNAL CAUTION DESPITE ETF INFLOWS
• The BTC futures premium hit a 3-month low, and options skew remains neutral to bearish.
• Meanwhile, open interest has surged to a record $96 billion, suggesting increased leverage and higher liquidation risk.
Despite strong ETF inflows, traders remain cautious — a setup that often leads to sharp, unexpected moves.
#BTCFutures #CryptoLeverage #ETFFlow
🔗 Source
🏦 INSTITUTIONAL INTEREST BUILDS: SEMLER’S $11B BTC BET
Semler Scientific, a med-tech firm, plans to acquire 105,000 BTC by 2027, aiming to become the third-largest corporate BTC holder behind MicroStrategy and Tesla.
🔻 Meanwhile, the US Dollar Index is down 8.99% in 2025, boosting Bitcoin’s appeal as a hedge.
#BitcoinTreasury #BTCInstitutional #USDWeakness
🔗 Source
🧠 ANALYST OUTLOOK: $1M BTC LONG-TERM?
• Billionaire investor Mike Novogratz sees $1 million BTC as a long-term reality thanks to institutional adoption and dollar debasement.
• Near-term targets: $130K–$135K by Q3 2025
• But some warn of a possible dip to $94K before liftoff.
#BTCForecast #BitcoinTo1M #BTCQ3Target
🔗 Source
🔒 CRYPTO CRIME: $245M BITCOIN THEFT SHOCKS THE U.S.
A Connecticut man pled guilty to fraud and money laundering involving $245 million in stolen Bitcoin, which even led to his parents’ kidnapping.
At the same time, North Korean hackers are ramping up phishing attacks on crypto professionals — often disguised as fake job offers.
#CryptoCrime #CyberSecurityPolicy #BitcoinFraud
🔗 Source
📈 SENTIMENT & FINAL THOUGHTS
Traders are split:
📉 Some expect a weekend dip due to low volume
🚀 Others are eyeing a breakout above $108K as Others Dominance shows bullish divergence across altcoins
If macro pressures ease, a massive short squeeze could ignite across BTC and alts.
#BitcoinUpdate ##CryptoSentiment #AltseasonLoading
🔗 Sentiment Chart
✨ TL;DR — KEY TAKEAWAYS:
• Bitcoin saw $413M in liquidations, but rebounded above $105K
• Bullish divergence suggests rally potential toward $130K
• Institutions are accumulating aggressively
• Market still fragile watch $100K support and $108K resistance closely
• Stay safe, stay sharp and pray for peace, both globally and in the charts

A secret 30,000 sqm Bitcoin mining operation in Siberia has just been obliterated — and the story is absolutely wild. 😳
📍 Location: Nazarovo, Krasnoyarsk Krai
📈 Monthly BTC haul: ~$58,000
⚠️ Grid damage: Severe — enough to trigger blackouts
🕵️‍♂️ What Went Down:
Authorities uncovered a full-scale underground mining farm hidden behind barbed wire, disguised as a “non-residential” site. Inside?
💡 Industrial generators & high-powered transformers
⚡ Illegally tapped into the national grid
🌬️ Massive cooling systems to power through non-stop mining Bitcoin$BTC
🔎 The Findings:
🔌 Unauthorized electricity connections
🔥 Major fire hazards
🏛️ Illegal use of state-owned land
🧾 Fake lease documents
🚫 Multiple ignored legal warnings
How did they get caught?
The local energy provider noticed sudden instability in the grid. A court order was issued — and boom — shutdown executed.
⚠️ Not an Isolated Case:
In February, a state energy worker was caught accepting bribes to allow similar setups — costing the grid BT5 $BTC 119,000 in stolen power.
Now, Krasnoyarsk joins Russia’s top 3 crypto mining zones — but not for the right reasons.
(Irkutsk and Tatarstan are also under heavy watch.)
🧠 Final Take:
Illegal mining isn’t a side hustle — it’s a criminal offense with real-world consequences:
Puts lives at risk
Steals public resources
Undermines crypto legitimacy
🚔 The crackdown is real.
Play fair or get shut down.
#RussiaCrypto
#MiningFarmRaid
#BitcoinBust
#IllegalMining #CryptoCrime

$BTC

U.S. authorities have seized over $225 million in cryptocurrency tied to investment fraud scams, marking the largest crypto seizure in U.S. Secret Service history.
🌐 Scam Context & Victims:
The funds are tied to a prevalent class of fraud known as “crypto-confidence” scams, in which victims are lured by fake investment opportunities and then robbed.
Dozens of confirmed U.S. victims and around 400 suspected victims worldwide suffered millions in losses .
🔍 Investigation:
🕵️‍♂️The investigation, led by the Secret Service and FBI, identified hundreds of global victims 🌍, who were tricked into believing they were making legitimate crypto investments.
The funds were traced through a massive laundering network involving hundreds of thousands of blockchain transactions designed to disguise the origin, ownership, and control of stolen proceeds.
🏛️Civil Forfeiture:
The civil forfeiture complaint, filed on June 18, 2025, alleges the funds were laundered through a vast network involving hundreds of thousands of crypto transactions to conceal stolen proceeds. 💻
⚖️ Civil Forfeiture Parties:
■Plaintiff: U.S. Government (through DOJ / U.S. Attorney’s Office for DC).
■Defendant property: Over 225 million dollars in cryptocurrency addresses/accounts – in rem complaint—no individual named; the case targets the funds themselves.
■The government seeks to forfeit the assets, with plans to eventually return recovered funds to victims.
🧾 Arrests & Legal Strategy:
■No arrests have been announced. The action is civil – targeting funds rather than individuals.
■Civil forfeiture allows the government to seize assets suspected of being tied to criminal conduct without
😔💸 Officials say this move is part of a broader crackdown on crypto-related fraud, which cost Americans $5.8 billion in 2024 alone. 📉 Authorities aim to recover stolen funds and highlight the emotional toll such scams take on victims. ❤️‍🩹⚖️
📌 Why It Matters?
■Represents a broad legal action focused on assets, not individuals.
■Demonstrates advanced blockchain tracing capabilities used by Secret Service and FBI.
■Sends a warning to scammers and reassures victims: a path exists for fund recovery—even absent arrests.
■Underlines the trillions at risk in crypto fraud (2024 losses ~$5.8 billion in the U.S.) .
#CryptoCrime

A disturbing wave of crypto-related abductions has swept across France in 2025, with victims ranging from hardware wallet moguls to social media influencers. These incidents expose a rising trend where criminals exploit online visibility, wealth signals, and public records to carry out brutal ransom plots. Here’s a timeline of the year’s most alarming cases:
📅 January 21–22, 2025 – Ledger Co‑Founder Abducted & Mutilated
Victim: David Balland (Ledger co‑founder) and his wife
Incident: Abducted from their home in Méreau; Balland had a finger severed.
Outcome: GIGN rescue next day; 10 suspects arrested.
📅 Late January 2025 – Influencer’s Father Kidnapped (Le Mans)
Victim: 56-year-old father of a Dubai-based crypto influencer
Incident: Bound, doused with gasoline, and stuffed in a trunk.
Outcome: Released after 24 hours.
📅 February 2025 – Crypto Entrepreneur Kidnapped (Troyes)
Victim: 30-year-old crypto entrepreneur
Incident: Lured and abducted under false business pretense; €20k ransom demanded.
Outcome: Alerted relative; rescued.
📅 Early May 2025 – Mutilation of Millionaire’s Father (Paris 14th)
Victim: Father of a French crypto entrepreneur
Incident: Finger severed to pressure ransom between €5M–€7M.
Outcome: Freed in a police operation.
📅 May 13, 2025 – Paymium CEO’s Daughter and Grandson Targeted
Victims: Daughter and grandson of Pierre Noizat
Incident: Ambushed by masked men with van; foiled due to her resistance and public intervention.
Outcome: Attack failed; investigation tied it to larger network.
📅 Late May 2025 – Crypto Kidnap Network Busted (Nantes)
Victims: Several crypto entrepreneurs (planned targets)
Incident: 24 suspects arrested for multiple planned kidnappings.
Outcome: Authorities disrupted multi-target conspiracy.
📅 June 14, 2025 – TikTok Crypto Influencer Kidnapped
Victim: 26-year-old TikTok crypto content creator (40k followers)
Incident: Abducted in Juvisy-sur-Orge; assailants demanded €50k in crypto.
Outcome: Released after revealing low wallet balance.

⚖️ June 2025 – Emergency Security Legislation Announced: France’s Interior and Justice Ministries fast-tracked legislation to:
■Remove executive home addresses from public company records
■Launch dedicated police hotlines for crypto threats
■Offer personal protection to vulnerable crypto leaders
🧾 Conclusion: Crypto Fame in France Comes with a Target 🎯
From hardware wallet CEOs to TikTok influencers, 2025 has seen a chilling escalation of crypto-motivated kidnappings in France. What began as isolated incidents evolved into a full-blown national threat, with families, homes, and children at risk.
⚠️ Takeaway for Crypto Investors & Influencers:
Stay private. Don't flaunt your crypto. Assume you’re being watched. France’s crime surge is a wake-up call: financial freedom means nothing if it costs your personal safety.
#KidnappingIncident
#CryptoCrime