Cryptocurrency Executive's Family Narrowly Escapes Kidnap Attempt in Paris

Fri Jul 18 2025 12:38:11 GMT+0300 (Eastern European Summer Time)
Cryptocurrency Executive's Family Narrowly Escapes Kidnap Attempt in Paris

A violent abduction attempt targeting the daughter and grandson of a cryptocurrency leader in Paris was thwarted, reflecting rising threats to the digital currency community.


In a harrowing incident in Paris, a cryptocurrency executive's daughter and her child escaped a kidnapping attempt after a fierce struggle with assailants. The family was rescued by bystanders as the attackers fled the scene in a van, highlighting a growing trend of violence against cryptocurrency figures in France.


In an alarming episode occurring in the east of Paris, a masked gang attempted to abduct the daughter and young grandson of a prominent cryptocurrency executive. The incident, which was captured on video by a bystander, unfolded in the busy 11th district, where the victims engaged in a fierce struggle against three assailants.

According to police sources, the woman is related to the co-founder of the French Bitcoin exchange platform Paymium. During the abduction attempt, which happened around 8:20 AM local time, the woman's husband bravely intervened to defend his family, sustaining numerous blows to the head in the process. As the assailants attempted to pry them apart, the pair desperately shouted for help.

In a moment of courage, the woman seized a firearm from one of the attackers and tossed it into the street, later revealed to be a replica air gun. The presence of children on their way to school heightened the tension of the scenario. Initially hesitant spectators gradually rallied to the family's aid, prompting the three kidnappers to abandon their plan and flee in a white van, with a fourth accomplice driving.

The family received medical attention for minor injuries following the harrowing encounter. Authorities are investigating the crime, which is among a troubling trend of kidnappings targeting individuals linked to cryptocurrency, particularly as similar incidents have become prominent in recent weeks.

Just over a week prior, French police successfully rescued the father of a cryptocurrency millionaire from captivity, where he had suffered severe injuries, including the loss of a finger. David Balland, co-founder of the cryptocurrency wallet firm Ledger, also faced a kidnapping ordeal earlier this year when he and his wife were abducted at their residence.

As the investigation unfolds, experts warn that the cryptocurrency community faces escalating threats, prompting calls for increased security measures to protect individuals and their families from organized criminal activities.

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