No Result
View All Result
  • Login
Wednesday, August 5, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Cryptocurrency

Crypto Kidnappings Surge In France As 88 Suspects Hauled To Court – Details

by theadvisertimes.com
3 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
0
Crypto Kidnappings Surge In France As 88 Suspects Hauled To Court – Details
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto-related kidnappings in France continue to be a major issue following recent information shared by the National Prosecutor’s Office for Anti-Organized Crime. In the last three years, authorities have reported over 100 of these incidents, describing a rapidly evolving criminal practice.

French Crypto-Kidnappings Rise To 46 In 2026 So Far

According to local media Lemonde, Vanessa Perrée, head of the National Prosecutor’s Office for Anti-Organized Crime, shares an update on cryptocurrency-related kidnappings in France. The chief prosecutor announced that 12 ongoing legal cases are related to these criminal events, involving 88 defendants, 75 of whom are in pre-trial detention.

Vanessa Perrée reports that there have been 46 cryptocurrency-related kidnappings so far in 2026, a growth rate that is alarming compared to the total 67 recorded in 2025. Earlier this week, on-chain sleuth ZachXBT and Binance security combined efforts to seize $800,000 demanded as ransom after the abduction of the father of a French influencer. In total, there have been 135 crypto-related kidnappings in the European nation since 2023.

In these cases, the French authorities have identified multiple instances of involvement by the same individuals, pointing to a defined criminal network. For example, three men between the ages of 25 and 30 were convicted last week for a kidnapping incident in Challes-les-Eaux in November 2025. However, two of these men were also involved in a similar incident in Dompierre-sur-Mer in December 2025, where they forcibly extracted 8 million euros from a couple.

Interestingly, Telegram Founder Pavel Durov has made some fiery claims on this developing phenomenon. Bitcoinist reported that Durov accuses French officials of being complicit in these crimes by selling crypto data to the kidnappers. The tech CEO alleges the tax database was poorly maintained and spoke out against the collection of social media data, which he claimed created more avenues for data leaks.

Meanwhile, Perrée has reiterated the government’s commitment to clamp down on these crypto-related kidnappings, which have been surging since January 2025. In addition, Jean Didier, a representative of France’s Interior Ministry, has also confirmed plans to introduce more stringent measures. According to data from TripleA, France represents a leading European crypto hub with 5% of its population (3.4 million) owning one cryptocurrency or another.

Crypto Market Overview

Data from CoinMarketCap shows the total crypto market cap is $2.59 trillion, down 0.08% over the last day. Meanwhile, total trading volume is valued at $101.01 billion.

Bitcoin
Total crypto market cap valued at $2.58 trillion on the daily chart | Source: TOTAL chart on Tradingview.com

Featured image from Freepik, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: courtCryptodetailsFranceHauledKidnappingssurgesuspects
ShareTweetShare
Previous Post

1 in 3 Crypto Traders Cut Spending Amid Market Slump: Survey

Next Post

Israeli tech employees hold stock options worth NIS 150b

Related Posts

Sen. Cynthia Lummis Says Clarity Act Talks With Democrats Continue Daily

Sen. Cynthia Lummis Says Clarity Act Talks With Democrats Continue Daily

by theadvisertimes.com
August 5, 2026
0

The CLARITY Act remained in focus after Senator Cynthia Lummis said negotiations with Democrats are continuing daily, while Senate leaders...

Other revenue outlook: Circle’s B USDC flow gap

Other revenue outlook: Circle’s $4B USDC flow gap

by theadvisertimes.com
August 5, 2026
0

Circle’s reserve engine absorbed a tough second quarter. Gross USDC redemptions exceeded mints by about $4 billion, and reserve yield...

Democrats Move to Block CLARITY Act Due to Stalled Ethics Talks

Democrats Move to Block CLARITY Act Due to Stalled Ethics Talks

by theadvisertimes.com
August 5, 2026
0

Key TakeawaysPunchbowl News has reported that Democrats will block cloture, citing stalled White House ethics talks.Sen. Ruben Gallego said Republicans...

Ethereum Proposal to Slash Staking Rewards Sparks Backlash

Ethereum Proposal to Slash Staking Rewards Sparks Backlash

by theadvisertimes.com
August 4, 2026
0

A group of six Ethereum researchers and developers, including Ethereum Foundation’s Justin Drake, has proposed changing the network’s issuance policy...

Elon Musk SpaceX Expands AI Partnership With NVIDIA, Stocks Gain

Elon Musk SpaceX Expands AI Partnership With NVIDIA, Stocks Gain

by theadvisertimes.com
August 4, 2026
0

SpaceX, the rocket company led by Elon Musk, has tapped NVIDIA to provide the company’s new Starmind AI satellite network...

Bybit Splits Crypto and Payments Into Two Austrian Entities. Bybit.eu Will Run Both Under One Login

Bybit Splits Crypto and Payments Into Two Austrian Entities. Bybit.eu Will Run Both Under One Login

by theadvisertimes.com
August 4, 2026
0

Bybit Payments GmbH has been granted an electronic money institution licence in Austria, giving Bybit a second regulated entity alongside...

Next Post
Sen. Thom Tillis says he’s ready to confirm Warsh as Fed chair after DOJ drops probe on Powell

Sen. Thom Tillis says he's ready to confirm Warsh as Fed chair after DOJ drops probe on Powell

American Express, Chase set a new precedent for credit card fees

American Express, Chase set a new precedent for credit card fees

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

July 20, 2026
*HOT* Ninja Nutri-Blender Pro with 2 Single-Serve Cups only .99 shipped (Reg. 0!)

*HOT* Ninja Nutri-Blender Pro with 2 Single-Serve Cups only $49.99 shipped (Reg. $110!)

July 4, 2026
Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events

Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events

0
SpaceX created a new class of ultrawealthy. Here’s what comes next

SpaceX created a new class of ultrawealthy. Here’s what comes next

0
Adults Over 50: Ask These Vaccine Questions Before Cold and Flu Season

Adults Over 50: Ask These Vaccine Questions Before Cold and Flu Season

0
Clicks and Credibility 2.0 | RPC

Clicks and Credibility 2.0 | RPC

0
El-Sayed on Track to Win US Senate Primary, Overcoming AIPAC’s  Million Onslaught

El-Sayed on Track to Win US Senate Primary, Overcoming AIPAC’s $30 Million Onslaught

0
Stopgap Spending and Confirmation for Blanche? The Senate Slogs On

Stopgap Spending and Confirmation for Blanche? The Senate Slogs On

0
Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events

Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events

August 5, 2026
SpaceX created a new class of ultrawealthy. Here’s what comes next

SpaceX created a new class of ultrawealthy. Here’s what comes next

August 5, 2026
Highlights of McKesson’s (MCK) Q1 2027 earnings report

Highlights of McKesson’s (MCK) Q1 2027 earnings report

August 5, 2026
Sen. Cynthia Lummis Says Clarity Act Talks With Democrats Continue Daily

Sen. Cynthia Lummis Says Clarity Act Talks With Democrats Continue Daily

August 5, 2026
3 types of social capital behind financial advisor success

3 types of social capital behind financial advisor success

August 5, 2026
Other revenue outlook: Circle’s B USDC flow gap

Other revenue outlook: Circle’s $4B USDC flow gap

August 5, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Global Food Prices Will Soar And Acute Hunger Will Spike Thanks To A Shocking Confluence Of Disastrous Events
  • SpaceX created a new class of ultrawealthy. Here’s what comes next
  • Highlights of McKesson’s (MCK) Q1 2027 earnings report
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.