{"id":24104,"date":"2025-05-19T17:13:41","date_gmt":"2025-05-19T14:13:41","guid":{"rendered":"https:\/\/forklog.com\/en\/criminals-target-families-of-crypto-entrepreneurs\/"},"modified":"2025-05-19T17:13:41","modified_gmt":"2025-05-19T14:13:41","slug":"criminals-target-families-of-crypto-entrepreneurs","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/criminals-target-families-of-crypto-entrepreneurs\/","title":{"rendered":"Criminals Target Families of Crypto Entrepreneurs"},"content":{"rendered":"<p>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 <a href=\"https:\/\/www.wsj.com\/finance\/currencies\/crypto-industry-robberies-attacks-32c2867a\">WSJ<\/a>.<\/p>\n<p>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. The assailants, armed with gas canisters and a toy gun, attempted to force the woman and her child into a van.<\/p>\n<p>The victim&#8217;s husband engaged in a struggle, receiving a blow to the head, while a neighbor managed to take the child away. The attackers fled as local residents began to gather at the scene.<\/p>\n<p>This incident is part of a global wave of <span data-descr=\"literal translation: wrench attack\" class=\"old_tooltip\">wrench attacks<\/span>, where criminals use physical violence instead of digital tools. The aim is to extort cryptocurrency.<\/p>\n<p>In recent months alone, five such cases have been recorded in France. In Estonia, an Australian crypto billionaire narrowly escaped kidnapping, and in Houston, USA, an influencer&#8217;s home was attacked at night, with demands for her laptop.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;People are moving to the &#8216;hide gold under the mattress&#8217; level, but that doesn&#8217;t protect against real threats,&#8221; said Casa co-founder Jameson Lopp.<\/em><\/p>\n<\/blockquote>\n<p>Crime in the industry has intensified amid rising Bitcoin prices and data leaks. In 2020, hackers breached Ledger&#8217;s customer database, exposing the addresses of 272,000 users.<\/p>\n<p>Later, a similar incident occurred with Kroll, giving criminals access to Genesis clients&#8217; personal data. Information from these leaks is now circulating on the dark web.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The younger generation is adept at doxxing \u2014 they cross-reference data from different sources to find a victim,&#8221; explained MetaMask researcher Taylor Monahan.<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">France Prioritizes Security<\/h2>\n<p>On May 14, 2025, French Interior Minister Bruno Retailleau held a meeting with representatives of the crypto industry, proposing new security measures. According to him, attack organizers often recruit perpetrators through Telegram, remaining in the shadows.<\/p>\n<p>One of the most high-profile cases was the <a href=\"https:\/\/forklog.com\/en\/news\/ransom-demanded-for-kidnapped-ledger-co-founder-revealed\">kidnapping of Ledger co-founder<\/a> David Balland in January. The criminals cut off his finger and demanded \u20ac10 million in USDT.<\/p>\n<p>The crypto community is responding to threats: users are hiding profiles on social media and removing addresses from public registries.<\/p>\n<p>Noizat urged authorities to reconsider client data disclosure requirements to reduce risks in the event of leaks.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"fr\" dir=\"ltr\">Halte \u00e0 la mexicanisation de la France.<\/p>\n<p>Depuis plusieurs mois, les affaires sordides d\u2019enl\u00e8vements et de tentatives d\u2019enl\u00e8vement se multiplient. En plein jour. En plein Paris. Sous les yeux de tous.<\/p>\n<p>Ce matin encore, une m\u00e8re de famille de 34 ans, accompagn\u00e9e de son enfant de\u2026<\/p>\n<p>\u2014 Eric Larchev\u00eaque (@EricLarch) <a href=\"https:\/\/twitter.com\/EricLarch\/status\/1922251561805172950?ref_src=twsrc%5Etfw\">May 13, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;How many more entrepreneurs will consider leaving a country that does not protect its citizens?&#8221; wrote former Ledger head Eric Larchev\u00eaque, describing the situation as the &#8220;Mexicanization&#8221; of France.<\/em><\/p>\n<\/blockquote>\n<p>On May 15, Coinbase <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-discloses-data-breach-and-declines-20-million-ransom\">reported<\/a> the theft of user data due to the bribery of overseas support staff. The platform&#8217;s team refused to pay a $20 million ransom and took countermeasures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1269,134],"class_list":["post-24104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-cryptocurrencies","tag-france"],"aioseo_notices":[],"amp_enabled":true,"views":"49","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24104"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24103"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}