16 May 2025
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French Minister Implements Security Measures for Crypto Professionals After Kidnappings
French Minister of the Interior Bruno Retailleau announced measures to enhance security for crypto professionals following multiple kidnappings in the sector. Key points include:
- Increased collaboration with internal security officers
- Security briefings from police units
- Training to prevent crypto-related money laundering
The discussions involved the Director General of the National Police, Gendarmerie, and representatives from the Association for the Development of Digital Assets (ADAN). These measures were prompted by a recent failed kidnapping attempt involving the family of a crypto exchange CEO, marking the third high-profile incident this year. Earlier cases include the kidnapping of a French crypto millionaire's father and Ledger co-founder David Ballard.
Retailleau emphasized the seriousness of these crimes and committed to addressing attacks on crypto professionals.