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Attempted Kidnapping Targets Family of French Crypto Executive

Key Takeaways

  • ​Four masked men tried to abduct a crypto CEO’s daughter and grandson in central Paris on May 13, but the attack was foiled;
  • The woman disarmed one attacker, drew public attention, and forced the kidnappers to flee before police later recovered their van;
  • Police suspect the attempted abduction may be tied to the family’s connection to the crypto industry and are still investigating.

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Attempted Kidnapping Targets Family of French Crypto Executive

In central Paris on May 13, the daughter and young grandson of a cryptocurrency executive were nearly kidnapped.

According to a report by France 24, four masked individuals waited inside a van in the 11th district near Boulevard Voltaire before launching the attack.

When the family approached, three of the men jumped out and tried to force the woman and her child into the vehicle. Her partner stepped in to protect them, but was attacked during the struggle.

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The woman managed to grab one of the attackers’ guns and throw it away. The noise and commotion caught the attention of people nearby, and the attackers decided to flee. They drove off in the same van they arrived in, which police later found not far from the scene.

Authorities confirmed that the woman involved is the daughter of the co-founder and CEO of Paymium, one of France’s earliest crypto exchange platforms. Police believe the attempted kidnapping may be linked to her father's public role in the digital asset industry.

Investigators are reviewing video footage from the area and gathering witness statements to help track down the suspects. They are also trying to determine whether the attackers had specific knowledge of the family’s movements or whether the attack was more random.

Meanwhile, authorities have recently charged the teenagers involved in the kidnapping of a crypto host in Las Vegas. How did the case unfold? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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