Kidnapping Incidents Surge
A series of violent kidnappings targeting the cryptocurrency industry in has raised alarms, with an attempted abduction in highlighting the growing threat to crypto entrepreneurs and their families.
The incidents have involved gruesome acts, such as the severing of a hostage's finger, and attempts to drill a victim's knee, showcasing the brutal tactics employed by kidnappers.
Government and Industry Response
French Interior Minister has vowed to increase security for crypto entrepreneurs, including offers of security briefings and priority access to emergency services, following emergency meetings with industry leaders.
Crypto entrepreneurs express concerns over the safety and image of their industry in France, with calls for stronger government action to prevent what some describe as the "Mexicanisation of France," referring to the rise in kidnapping and violence.