Recent cases of kidnappings and ransom attempts in the crypto industry have led to serious safety concerns among its professionals.
Kidnapping Issues in Crypto Industry
In 2025, a series of high-profile kidnappings in the crypto industry have prompted entrepreneurs to enhance their security. According to Bloomberg, clients from the crypto sector have increasingly inquired about security services and emergency protocols.
New Security Measures in France
French authorities have implemented new protective measures for crypto entrepreneurs, including rapid access to law enforcement and personalized safety briefings. They advise against flaunting wealth or wearing attire associated with digital currencies.
Authorities' Response and Escalating Situation
The situation has become more urgent due to a series of alarming incidents. In January 2025, David Balland, co-founder of Ledger, was kidnapped, and in May, his father experienced a violent ordeal. A recent attempted kidnapping of Pierre Noizat's daughter further highlights the escalating threats.
In light of the increasing number of kidnappings, French authorities and the crypto industry need to collaborate to enhance security measures and protect professionals in this sector.
