The recent kidnapping of former crypto trader Alexandre has raised concerns within the French crypto community and underscored rising threats to its members.
The Abduction and Rescue
Alexandre, a 35-year-old former crypto trader, was kidnapped near Paris. The kidnappers demanded a ransom of €10,000, but Alexandre refused to pay. The police utilized geolocation and special units to locate and rescue him. As of now, there are no official comments from crypto leaders or French authorities.
Safety Concerns for Crypto Figures
This incident highlights ongoing security concerns for figures in the crypto industry in France. The situation reflects a trend of targeted attacks on wealthy individuals in the local crypto industry. Financial repercussions seem minimal, as no theft of specific cryptocurrencies has been confirmed, with major assets like Bitcoin and Ethereum remaining unaffected.
History of Threats
Insights from past incidents reveal a pattern of targeting known crypto personalities. In 2025, attacks on Ledger's co-founder and Paymium CEO's family emphasized the threat. Calls for increased protection and coordinated law enforcement efforts are growing. Community members are voicing safety concerns and demanding meetings with officials to discuss enhanced protective strategies.
Despite Alexandre's successful rescue, the incident highlights the urgent need for security measures to protect individuals in the crypto industry in France.
