French Lawmakers Propose Bitcoin Mining Experiment
A group of French parliamentarians has proposed a five-year pilot project to use surplus electricity for mining the leading cryptocurrency. This is outlined in a bill dated July 11.
French Lawmakers Propose Bitcoin Mining Experiment
A group of French parliamentarians has proposed a five-year pilot project to use surplus electricity for mining the leading cryptocurrency. This is outlined in a bill dated July 11.
Arrests Made in Three Countries Over Bitcoin Extortion Allegations
Over the past week, law enforcement agencies in the United States, South Korea, and France have detained individuals suspected of targeting cryptocurrency holders for extortion. New York, USA According to AP, on May 27, a 32-year-old cryptocurrency entrepreneur from Miami, William Duplessis, surrendered to New York police. He faces charges of kidnapping, assault, unlawful imprisonment, […]
Criminals Target Families of Crypto Entrepreneurs
Executives of cryptocurrency firms are increasingly concerned about the rising number of attacks aimed at kidnapping and extorting digital assets, prompting them to hire bodyguards. This is reported by WSJ. On May 13, in the Paris district of Le Marais, the daughter of Paymium crypto exchange founder Pierre Noizat was attacked by three masked individuals. […]
Kidnappers of Crypto Businessman’s Father Arrested in France
French police have freed the father of an entrepreneur allegedly linked to the crypto industry. The perpetrators demanded a ransom ranging from €5 million to €7 million, according to local media. Prosecutors stated that the kidnappers severed the hostage’s finger. Five suspects, including the driver, have been detained. The family did not pay the ransom. […]
Durov Denies Sharing Telegram Users’ Private Messages with Authorities
Telegram founder Pavel Durov criticized European authorities for promoting a law that introduces a so-called backdoor to end-to-end encryption, granting law enforcement access to users’ confidential data. He stated that it is technically impossible to ensure that only the police can access the backdoor. “Once implemented, the backdoor could be exploited by others—from foreign agents […]
Telegram’s Pavel Durov Permitted to Leave France Temporarily
Telegram founder Pavel Durov has been allowed to temporarily leave France, reports France24, citing AFP sources. According to those familiar with the matter, on the morning of March 15, a judge granted the entrepreneur permission to leave the country “for several weeks.” It is also reported that he traveled to Dubai. A few days earlier, […]
Pavel Durov’s Case Unlikely to Reach French Courts Before 2026
The case against Telegram founder Pavel Durov in France will not be brought to court for at least a year or more, according to Wired, citing local prosecutors. According to the agency’s spokesperson, Maïlys de Rêke, it is too early to discuss any settlement between the authorities and the businessman. The messaging app attracted law […]
France Initiates Investigation into Binance, Reports Reuters
French law enforcement has launched a judicial investigation into the cryptocurrency exchange Binance, according to Reuters. The platform is accused of money laundering, tax fraud, illegal drug trafficking, and other criminal activities, the publication reports. 28 January 2025 | 17:09Update: The Paris Prosecutor’s Office’s Department for Combating Economic and Financial Crimes (JUNALCO) stated that the […]
Ransom Demanded for Kidnapped Ledger Co-Founder Revealed
The kidnappers of Ledger co-founder David Balland in France demanded a ransom of €10 million ($10.4 million), according to Le Parisien. In a bid to expedite the payment, the criminals severed one of the businessman’s fingers and sent a video of the act to Balland’s colleague, Eric Larchevêque. Investigators permitted Larchevêque to transfer part of […]
Co-Founder of Ledger Freed After Kidnapping in France
The Paris prosecutor’s office has announced the rescue of David Balland, a partner and co-founder of Ledger, who fell victim to a gang of extortionists. This was reported by local media. The businessman was kidnapped early on January 21 from his home in the Cher department, France. He was then transported by car to another […]
Bybit to Halt Withdrawals for French Users
The cryptocurrency exchange Bybit has informed its users in France of the cessation of all services from January 8, 2025. The company attributed this decision to changes in local legislation. Affected users have been advised to withdraw their assets before the service termination. After the withdrawal closure, all accounts with assets of 10 USDC or […]
Pavel Durov Interrogated in Paris for the First Time
On the morning of December 6, Telegram founder Pavel Durov arrived for questioning accompanied by his lawyers. This was reported by 20 Minutes, citing AFP. The billionaire expressed his “trust in the French justice system” but refrained from further comments. The details of the interrogation remain undisclosed. The Telegram founder was detained at Paris Le […]We use cookies to improve the quality of our service.
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