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The Bitcoin targets are raised in the Bitcoin Millionaires in France

In recent months, France has seen a disturbing boom in a new type of crime called “encryption kidnappings”, where wealthy individuals with large holdings in Bitcoin and other cryptocurrencies are targeted to a ransom.

These violent kidnappings, which often involve extremist measures such as torture and distortion, have been sent shock waves through the cryptocurrency community, which raised serious concerns about the personal security of digital asset holders.

The reports of millions of bitcoin and their families in broad daylight highlighted the weaknesses of those who collected wealth in the world of largely unorganized encryption.

A new breed of crimes appears

The term “kidnapping of encryption” indicates the kidnappings that were organized to blackmail the coded currency of wealthy individuals, and often the owners of bitcoin, whose digital wealth is of high value and is difficult to track through traditional means.

Unlike traditional kidnappings for cash ransom, these crimes use the unique nature of encrypted currencies, which can be transferred quickly and unknown if the victim provides access to its digital portfolios.

In France, a series of prominent cases since early 2025 has led to a sharp focus.

According to a report issued by the Guardian, the victims may carry horrific violence, including their fingers cut by the attackers to reach their encrypted possession.

Likewise, NPR noticed a case that saved the French police, the father of an encrypted businessman, which represents the second ransom issue related to the encryption world this year alone.

These incidents are not isolated. Telegraph recently reported the increasing frequency of such kidnappings in the streets of France, even with the arrest of the suspected mastermind in Morocco, does not do little to alleviate fears between the owners of the bladder.

The perpetrators seem to be part of organized criminal networks, as individuals whose wealth or deduction are targeted through social media shows for luxury success or success in encryption.

This disturbing trend emphasizes how the nature of boundless cryptocurrencies bearing a continuous name, which was overseeing that it is power, is now armed by criminals.

Victorious cases the shock of the nation

Several chills have been documented in recent news coverage.

In one of the cases informed by the BBC, the father of the crystallized millionaire was kidnapped in Paris, and the police later found him with a missing finger in the house of the south of the city.

According to what the attackers demanded millions in Bitcoin as a ransom.

Another terrible account included a convincing gang trying to kidnap the daughter of the chief of cryptocurrency and her young son in the capital.

Although it managed to escape, the incident highlighted the rude nature of these attacks, often carried out in broad daylight.

Violence associated with this kidnapping is especially great. Criminals not only seek to reach digital portfolios, but also use severe coercion tactics to force compliance.

Reports indicate that some of the victims were tortured for several days, as a ransom demanded millions of euros from Bitcoin.

Not to be identified from encryption transactions means that once the money is transferred, it is almost impossible to recover, which makes these crimes especially profitable for the two.

Why France and why now?

France has become a hot point for kidnapping the encryption due to a group of factors.

The country is home to an increasing number of technology entrepreneurs and encryption investors who have benefited greatly from Bitcoin’s boom over the past decade.

Paris, in particular, has a vibrant starting scene, as many individuals publicly discuss their encryption investments or display of wealth associated with digital assets.

This vision makes them easy goals for criminals looking for social media in search of evidence about potential victims.

In addition, as mentioned in the New York Times, some leaders in the French encryption sector are arguing that the new European cryptocurrency regulations may unintentionally contribute to the problem.

These rules, which aim to increase transparency, can display high -value individuals by making their property more related to advanced criminals.

While the accurate relationship between organization and crime remains under discussion, it is clear that the intersection of wealth, technology and limited physical security has created an ideal storm of this kidnapping.

Benefits “kidnapping encryption” target owners of millions of bitcoin in France first appeared on Invezz

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