{"id":129490,"date":"2025-05-18T17:15:54","date_gmt":"2025-05-18T17:15:54","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129490"},"modified":"2025-05-18T17:15:54","modified_gmt":"2025-05-18T17:15:54","slug":"crypto-execs-beef-up-security-following-string-of-kidnappings-report","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129490","title":{"rendered":"Crypto execs beef up security following string of kidnappings: Report"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCrypto industry executives are beefing up personal security and demanding more bodyguard services in response to a recent string of kidnapping and ransom attempts worldwide \u2014 particularly in France \u2014 targeting investors and professionals in the sector.<br \/>\nAccording to a Bloomberg report, Infinite Risks International, a private security firm based in Amsterdam, Netherlands, is seeing more inquiries into bodyguard services and more long-term clients signing up for a private security detail.<br \/>\nAdditionally, French law enforcement officials recently announced enhanced security measures for crypto entrepreneurs and investors, following at least three separate kidnapping incidents so far in 2025.<br \/>\nThe measures include security briefings and expedited access to police lines in the case of emergencies for the entrepreneurs and their families.<br \/>\nFrench law enforcement authorities also advised crypto investors not to advertise their wealth or wear crypto-branded clothing, lessening their chances of becoming targets. The disturbing string of incidents highlights the need for proactive safety measures and vigilance for crypto investors and industry professionals.<br \/>\nRelated: Violent crypto robberies on the rise: Six attacks that targeted investors<br \/>\nRecent string of kidnappings and ransom attempts impacts France<br \/>\nDavid Balland, the co-founder of hardware wallet company Ledger, was kidnapped in January 2025 and held for ransom for several days before being rescued by French police.<br \/>\nIn May 2024, the father of an unnamed crypto entrepreneur was freed from a ransom attempt after French law enforcement officials raided the location in a Paris suburb where the individual was being held hostage by organized criminals.<br \/>\nAccording to Le Parisien, the suspects severed one of the victim&#8217;s fingers \u2014 bearing a disturbing similarity to other crypto-related kidnapping cases in France where the victim was mutilated by the suspects.<br \/>\nMasked assailants attempt to abduct the family of Pierre Noizat, co-founder of French crypto exchange Paymium. Source: Le FigaroShortly after, On May 13, the family of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, was targeted in an attempted kidnapping.<br \/>\nSeveral masked assailants physically assaulted the family on the street and attempted to force Noizat&#8217;s daughter and grandson into a van in broad daylight.<br \/>\nThe daughter and another pedestrian managed to fight off the attackers and force them into retreat, preventing the family from being abducted.<br \/>\nThe high visibility and brazenness of the crime sent shockwaves through the crypto world, leading French interior minister Bruno Retailleau to call for a meeting with industry executives to discuss the incidents and propose enhanced security measures for at-risk crypto professionals and high net worth investors.<br \/>\nMagazine: Bitcoiner sex trap extortion? BTS firm\u2019s blockchain disaster: Asia Express<a href=\"https:\/\/cointelegraph.com\/news\/crypto-execs-beef-up-security-following-kidnappings?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 NewsCrypto industry executives are beefing up personal security and demanding more bodyguard services in response to a recent string of kidnapping and ransom attempts worldwide \u2014 particularly in&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\/129490"}],"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=129490"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129490\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129490"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}