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France recorded 77 crypto-related kidnapping and extortion cases in the first half of the year, a significant increase from 45 cases in the entire 2025

2026-07-02 05:35

Odaily Planet Daily News: French Interior Minister Laurent Nuñez confirmed that France recorded 77 crypto-related kidnapping and extortion cases in the first half of 2026, a significant increase from 45 cases in the entire 2025. The authorities have launched a rapid alert system, with 724 people registered, and emergency measures have led to 200 arrests. Nuñez pledged to introduce a three-part plan to strengthen security measures in the crypto industry, including enhancing intelligence sharing, deepening cooperation with ADAN, and strengthening coordination among security departments.

CertiK stated that France has become a center of attacks, citing reasons including the presence of several leading crypto companies and their executives in the country, a "culture of flaunting and voluntary identity disclosure" within the community, and multiple sensitive data breaches. (cointelegraph)