{"id":128583,"date":"2025-05-04T22:18:49","date_gmt":"2025-05-04T22:18:49","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128583"},"modified":"2025-05-04T22:18:49","modified_gmt":"2025-05-04T22:18:49","slug":"kidnapped-dad-of-crypto-businessman-freed-from-ransom-attempt-report","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128583","title":{"rendered":"Kidnapped dad of crypto businessman freed from ransom attempt: Report"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe father of an unnamed crypto entrepreneur was freed by police in Paris, France, during a law enforcement raid of the property where the man was held captive for ransom over several days.<br \/>\nAccording to reporting from Le Monde, the May 3 raid resulted in five arrests. Local outlet Le Parisien also said the kidnappers demanded between 5 million and 7 million euros, or up to $7.9 million, to release the captive man.<br \/>\nAlthough the details on the identity of the victims remain scant, likely for security reasons, the crypto entrepreneur and his father co-owned a crypto marketing firm based in Malta, French media reports.<br \/>\nThis incident features similarities to the kidnapping of Ledger co-founder David Balland in France in January 2025. Balland was also held for a crypto ransom until he was freed by law enforcement officers in a rescue operation.<br \/>\nUnfortunately, this latest incident also follows a string of similar ransom attempts around the world targeting crypto users and their loved ones in an attempt to extort funds from individuals perceived to hold a sizable amount of wealth.<br \/>\nRelated: $330M Bitcoin social engineering theft victim is elderly US citizen<br \/>\nCrypto kidnapping attempts sadly become all too common<br \/>\nIn November 2024, WonderFi CEO Dean Skurka was kidnapped and forced to pay a $1 million cryptocurrency ransom to the assailants, who abducted him using a vehicle in downtown Toronto, Canada.<br \/>\nSix individuals in Chicago, Illinois were charged in February 2025 with the kidnapping of a family and their nanny in exchange for a crypto ransom.<br \/>\nAccording to an FBI report, the kidnappers forced their way inside the Chicago home by pretending they had accidentally damaged the family&#8217;s mechanical garage door.<br \/>\nOnce inside, the suspects forced the family into a van and abducted the family for five days before forcing them to surrender $15 million worth of cryptocurrencies to secure their release.<br \/>\nOnline streamer Amouranth was the victim of a home invasion in March 2025 when several armed suspects held her at gunpoint and demanded the keys to her cryptocurrency.<br \/>\nFour suspects were charged in connection to the incident and arrested by law enforcement officials in the US state of Texas.<br \/>\nMagazine: Bitcoiner sex trap extortion? BTS firm\u2019s blockchain disaster: Asia Express<a href=\"https:\/\/cointelegraph.com\/news\/kidnapped-dad-crypto-entrepreneur-freed-ransom-attempt?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe father of an unnamed crypto entrepreneur was freed by police in Paris, France, during a law enforcement raid of the property where the man was held captive&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128583"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128583"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128583\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128583"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}