**Kidnapping Attempt on Cryptocurrency Executive's Family in Paris Foiled**

Fri Aug 15 2025 21:31:25 GMT+0300 (Eastern European Summer Time)
**Kidnapping Attempt on Cryptocurrency Executive's Family in Paris Foiled**

A violent abduction attempt on a cryptocurrency executive's family prompts police investigation.


In a brazen move amid rising crime targeting cryptocurrency figures in France, a family's escape from danger has raised concerns over their safety.

The streets of Paris turned into a scene of chaos when a masked gang attempted to kidnap the daughter and grandson of a prominent cryptocurrency executive in the city’s 11th district. The incident, which unfolded in broad daylight, was captured by a bystander, highlighting the audacity of these criminals.

According to police reports, the attempted abduction occurred around 08:20 local time on Tuesday. Three armed men jumped out of a white van, seeking to forcibly grab the mother and her child. The duo, described as connected to the co-founder of Paymium, a French Bitcoin exchange, put up a fierce fight against their assailants.

In the midst of the struggle, the daughter's husband was brutally attacked, sustaining multiple blows to the head. As the couple cried out for help, they managed to fend off their attackers with the intervention of onlookers. A noteworthy moment in the panic saw the woman successfully disarm one of the attackers, throwing the replica firearm into the street.

Eyewitnesses noted that despite the busy street and the presence of children heading to school, initial reactions were hesitant. However, as more locals began to respond to the commotion, the attackers abandoned their plan and fled in a getaway vehicle, with one man reportedly throwing a fire extinguisher at the departing van.

Following the incident, the family received medical attention for minor injuries at a nearby hospital. The Paris police's armed robbery brigade is now taking lead on the investigation, amid increasing concerns over a string of kidnappings linked to cryptocurrency entrepreneurs and their families in recent months. This alarming trend was underscored by the recent rescue of a crypto millionaire's father, who suffered grave injuries during his abduction.

These incidents follow the high-profile kidnapping of David Balland, co-founder of Ledger, underscoring the escalating dangers that cryptocurrency figures face in France. As these events unfold, authorities are pressed to enhance safety measures for those within the burgeoning digital currency sector.

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