According to the reports, the French police climbed their efforts after the kidnapping of a brutally encrypted businessman and his finger was cut to forced a ransom. It is a crime that rocked the industry and raises difficult questions about personal safety.
An increasing number of encryption kidnappings
According to the Gameson Lopp list, there was almost there 30 personal encoding attacks So far in 2025. This pace puts this year on the right track to top 35 attacks recorded in 2024 and 24 attacks in 2023. Many cases fly under the radar, because victims are often afraid to proceed.
based on Reports From France 24, the victim was held for several days in a isolated drug. The kidnappers demanded up to 7 million euros ($ 8 million) in a ransom.
They even cut one of his fingers to show that it means work. Police raid on May 3, I liberated it and led to five arrests at the scene.
The number of crypto-related attacks have been up in 2025. Image: Quinnipiac University
Border arrests via
According to government media, investigators have also canceled a suspect in Morocco on June 4, who are suspected of coordinating many of these encryption kidnappings.
Returning to the homeland in France, more than 12 people were held with high -level cases on May 26. Under French law, suspects can be held for up to 96 hours without charges.
It calls for more strict security
The wave of attacks pushed the encryption companies to enhance their protection measures. Interior Minister Bruno Ritayo invited a meeting to address the rise in violence.
Jonathan Levin, CEO of Chainalysis attended at the 2025 consensus conference on May 15 that criminals still believe that digital funds cannot be tracked. On June 5, Kraken Security President Nick Persico warned in a blog publication that many encryption users lack the primary circumstantial awareness of events.
A wider pattern of reporting
Experts warn that “open attacks” may be more common than the numbers appear. A study at the University of Cambridge in September found that the victims are concerned about targeting again, or about the general shame.
The study also noted that the attackers ranged from organized crime unions to people known for their victims, such as friends or family.
Industry leaders are now facing a blatant option: Leave personal safety to a coincidence, or treat security as a top priority. For many in encryption, this means using devices portfolios, maintaining private travel plans, and working with poor security teams.
The brutal nature of these crimes shows that the code simply will not be sufficient to maintain the safety of people.
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