Cryptocurrency Executive’s Family Targeted in Paris Kidnap Attempt

Wed May 14 2025 22:02:46 GMT+0300 (Eastern European Summer Time)
Cryptocurrency Executive’s Family Targeted in Paris Kidnap Attempt

A failed abduction attempt of a cryptocurrency executive's daughter and grandson highlights rising violence against crypto figures in France.


In a recent incident in Paris's 11th district, the daughter of the co-founder of the cryptocurrency platform Paymium and her young child were almost kidnapped in a brazen attack that escalated into a violent struggle. Eyewitness footage captured the chaotic scene, prompting discussions on the increasing dangers faced by cryptocurrency figures in France.

The attack occurred around 08:20 local time when three masked men jumped from a white van and attempted to snatch the woman and her grandson. In a desperate bid for safety, the couple fought back fiercely, with the woman's husband taking severe blows to the head while trying to shield his family. The situation escalated when the woman managed to seize and throw a firearm—a replica air gun—away from the scene, demonstrating considerable courage in a dire situation.

Despite initial hesitance from onlookers, local residents intervened, prompting the assailants to flee the scene. One brave citizen even threw a fire extinguisher at the van as it sped away. Fortunately, the family was taken to the hospital for treatment of minor injuries.

This incident adds to a worrying trend in France, where figures in the cryptocurrency sector have increasingly become targets of kidnappers. Just a week prior, police rescued the father of a cryptocurrency millionaire who had been abducted while out walking his dog, underscoring the ruthlessness of gangs involved in these crimes.

The rising trend of kidnappings targeting those in the cryptocurrency community reflects a broader concern about safety in an industry marked by significant financial rewards, but increasingly dangerous criminal interests. Several arrests were made following the aforementioned incident, but as the situation evolves, authorities are on high alert regarding the safety of cryptocurrency figures and their families throughout France.

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