From Cointelegraph

May 15, 2025 01:17 am:

Criminals unaware that crypto is traceable are behind recent kidnappings, says Chainalysis CEO Jonathan Levin. Law enforcement has successfully traced stolen funds, resulting in arrests. Two serious crypto-related attacks occurred in Paris, prompting France’s interior minister to address rising security concerns. Levin hopes arrests send a message that crypto robbery is not profitable.

Despite law enforcement success, Levin says offline robberies targeting the crypto industry are still a concern. This year, there have been 22 recorded incidents of in-person crypto-related theft, compared to 28 in 2024. A University of Cambridge study found that these “wrench attacks” are often underreported due to revictimization fears.

Read more at Cointelegraph: Chainalysis CEO offers a clue into the recent spate of Paris crypto attacks