From Cointelegraph

May 18, 2025 12:48:00 PM:

Crypto industry executives are increasing personal security measures in response to a recent surge in kidnapping and ransom attempts, particularly in France. Private security firms are seeing more inquiries for bodyguard services. French law enforcement is enhancing security measures for crypto entrepreneurs and advising investors to avoid flaunting wealth or crypto-branded clothing.

The recent string of incidents includes the kidnapping of David Balland, co-founder of Ledger, and a ransom attempt on the father of an unnamed crypto entrepreneur. Victims have been mutilated in some cases. The family of Pierre Noizat, CEO of Paymium, was recently targeted in an attempted kidnapping by masked assailants. French authorities are calling for increased security measures for at-risk crypto professionals.

Read more at Cointelegraph: Crypto execs beef up security following string of kidnappings: Report