There have been several high-profile kidnappings of crypto executives or their relatives in France, showing there is now a pattern of organized criminals targeting those thought to possess cryptocurrencies. While other countries have had similar incidents, for now France appears to have taken the lead in some of the boldest attacks. Recently, two relatives (a mother and child) of a crypto exchange CEO endured a bold kidnapping attempt in broad daylight in Paris.
So what can France and other countries do to stem the tide of such attacks? If this is not brought under control, this potentially may drive away everyday people who will have to fear a kidnapping attempt if they hold Bitcoin. These attacks should thus be understood as terrorism being committed against bitcoiners and their families.
Source:
https://www.france24.com/en/live-news/20250514-france-summons-cryptocurrency-businesses-after-kidnappingsThe ordinary Bitcoin/altcoin user must keep his/her crypto activities and crypto wallets a secret. There's no better protection than this.
The CEOs of crypto companies are a big target, because they can't keep their activities related to crypto away from the public. They should take additional security measures to protect themselves and their families. CEOs have enough money to hire bodyguards or to install advanced security systems in their houses. Crime rates in Europe are going up, and we all know the reason(but I don't want to reveal it here).