The surge in cryptocurrency kidnapping cases in France, with criminals targeting coin holders

In just a few days, France has experienced three kidnapping cases, all sharing a clear common feature—the ransom demands are paid in cryptocurrency. This wave of crime sweeping through France is drawing widespread attention from the industry.

Why are coin holders becoming targets? As more assets are stored digitally, criminals' focus shifts accordingly. The anonymity and cross-border transfer capabilities of cryptocurrencies make them ideal ransom tools—difficult to trace, fast to transfer, and not requiring traditional financial approval.

This trend not only reflects an upgrade in criminal methods but also highlights the real security threats faced by the crypto asset market. French authorities are intensifying investigations, but this wave also serves as a wake-up call to all participants: while enjoying the convenience of blockchain, personal asset security measures need to be more cautious.