Post
Topic
Board Bitcoin Discussion
Re: Crypto Kidnappings in France Out of Control!
by
Synchronice
on 18/05/2025, 21:06:18 UTC
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-kidnappings
It's getting dangerous to go out with your smartphone where you have installed a crypto wallet or an exchange application. It's better to walk with a smartphone where there is no trace of you having a crypto.
My stance on this is that criminals should be punished as they deserve, i.e. strictly. In Barcelona, there are lots of thieves in public places which steal smartphones but police does nothing, they might catch someone and release them a soon. Some people work hard and then some steal all the hard work, spend a few time in prison and then go out, do it again and spend a little time again.
Prisons should either really punish people or we should choose Norway's model and make prisons heavily based on rehabilitation instead of punishment.