French Authorities Crack Down on Crypto Kidnapping Network, Arrest 12 Suspects

French authorities have taken down a criminal organization targeting cryptocurrency executives in France, arresting 12 suspects accused of attempted kidnappings. High-profile victims included Pierre Noizat’s family and Ledger co-founder, highlighting the growing risks within the industry. The arrests come after several high-profile attacks and the implementation of new security measures. France’s Interior Minister Bruno Retailleau announced a comprehensive protection plan for crypto entrepreneurs, including a special hotline, home audits, and improved law enforcement training.