French Authorities Uncover More Suspects in High-Profile Crypto Kidnapping

French law enforcement agencies continue their investigation into the shocking kidnapping of a crypto entrepreneur’s father, which has shaken France’s growing cryptocurrency community. Multiple arrests were made this week in connection with the incident, where the victim’s finger was severed as part of a violent ransom demand for an amount of up to €7 million ($8 million) worth of cryptocurrency. The father remained held captive at a remote location for several days before being released following a police raid on May 3rd that resulted in five initial arrests. However, new detentions suggest there may be more individuals involved in orchestrating the crime. investigators believe this is just one of many high-profile cases in which crypto kidnappings are rising.