Crypto Business Manager Kidnapped in Paris, Raising Concerns about Safety in Industry

A crypto company manager was kidnapped at gunpoint in broad daylight in Paris’s 14th arrondissement on Thursday morning. The victim and his son, connected to a Maltese-based marketing company, had previously received threats, according to the victim’s wife who spoke with police. This incident is the second kidnapping targeting crypto business leaders in France this year, following the high-profile case of Ledger co-founder David Balland last January. Experts are expressing concern that the escalating violence against industry players may impact investor confidence and hinder the development of a secure crypto ecosystem.