French Police Report 135 Crypto Kidnapping Cases Since 2023
Police in France have documented 135 cases of kidnappings for cryptocurrency ransom since 2023, according to DL News. The cases have rapidly escalated, with 75 suspects currently in pre-trial detention as law enforcement investigates structured criminal networks behind these incidents.
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French police have reported a troubling surge in cryptocurrency-related kidnappings, tallying 135 cases in 2023 alone, which marks a significant rise from just three reported cases in 2022. The National Prosecutor’s Office's organized crime unit, known as Pnaco, describes this trend as a rapidly evolving phenomenon, with 47 cases already identified this year.
The investigation reveals that structured networks execute these crimes, with police arresting 75 suspects who have attempted to kidnap crypto owners or their families, demanding Bitcoin or other cryptocurrencies for their release. A recent case involved a family of five held at gunpoint, resulting in the theft of their car and a cold wallet containing $800,000 worth of crypto.
As of now, law enforcement has charged 88 individuals, including minors, in 12 active cases. Two suspects, arrested for a November incident, allegedly have ties to a similar crime occurring shortly after. Notably, a 17-year-old was apprehended for his role in the violent kidnapping of two women, showing the alarming trend among young offenders who reportedly connect via Telegram for recruitment into these criminal activities.
Implications and Future Observations
This increase in crypto-related kidnappings raises concerns regarding the security of cryptocurrency holders and highlights the dangers posed by decentralized finance environments. The ongoing crackdowns by Pnaco are vital, and observers will be watching how effective these measures are in curbing such crimes in the evolving landscape of cryptocurrency.
Summary based on original reporting by Tim Alper at DL News, originally published Apr 27, 2026. SolanaWire does not republish source content.
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