French cryptocurrency executives are grappling with fear after a series of violent kidnappings. Industry leaders are taking security into their own hands, while some demand tougher measures, including deregulation and the right to bear arms for self-defense.
After a series of violent kidnappings, French cryptocurrency executives are increasingly fearful. Alexandre Aimonino, co-founder of a crypto compliance software company, has adjusted his routine, avoiding public transport and industry events to ensure his safety. "Working in the ecosystem feels like having a target on your back," Aimonino said.
The most recent attack took place on Tuesday, when a masked gang tried to abduct the daughter of Pierre Noizat, CEO of Paymium, on a Paris street. This marks the third such incident in recent months, adding to the escalating fears within the crypto community.
The rapid rise of cryptocurrency wealth has made wealthy investors vulnerable. Security experts believe criminals are increasingly targeting crypto bosses, drawn to the perception that cryptocurrencies are easier to launder than cash. This growing threat has raised alarm bells across the industry.
In response to the attacks, some crypto executives are advocating for deregulation to safeguard identities. Others, like Ledger's Eric Larcheveque, are pushing for the legal right to carry arms for self-defense. The government has promised increased police protection, but industry leaders are demanding more.
While France is facing a particular wave of attacks, this issue is not unique to the country. Similar kidnappings and ransom demands have been reported in the U.S., Europe, and parts of Asia, signaling a growing global problem that crypto executives are struggling to address.
Private security firms have seen a significant uptick in requests for protection. Experts like Ben Davis, a UK-based insurance broker, note that the fear surrounding crypto-related kidnappings is no longer just an isolated issue but a widespread concern among the industry's investors and executives.
Thailand and Cambodia have agreed to halt all shooting from Friday evening following renewed fighting along their shared border, U.S. President Donald...
China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 s...
Venezuela’s oil shipments have plunged following the United States’ seizure of a tanker earlier this week....
The Kremlin on Friday dismissed proposals for a ceasefire to allow a territorial referendum in Ukraine, describing any pause in hostilities as a tacti...
A new batch of photographs from Jeffrey Epstein’s estate has been released by the House Oversight Committee, shedding light on the financier’s con...
Former French President Nicolas Sarkozy has released his book, "Diary of a Prisoner" ("Le Journal d’un Prisonnier"), on his time in jail following his conviction. .
Ukraine has agreed on key elements of a post-war reconstruction plan in talks with Jared Kushner and other top U.S. officials, President Volodymyr Zelenskyy said on Wednesday (10 December), during ongoing peace efforts to reach a settlement in the nearly four-year war.
French naval forces opened fire on a swarm of unidentified drones that flew over one of the country’s most sensitive military installations, the Île Longue submarine base in western Brittany, officials confirmed on Friday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 6th of December, covering the latest developments you need to know.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Kyiv has escalated its naval campaign against Moscow’s economic lifelines, claiming a successful strike on a vessel suspected of skirting international sanctions within the Black Sea.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Lebanon is prepared to demarcate its border with Syria, President Joseph Aoun said on Friday, while noting that the dispute over the Shebaa Farms could be addressed at a later stage.
Greek farmers blocked the Port of Thessaloniki on Friday as part of nationwide protests demanding delayed European Union subsidies and compensation for rising production costs and livestock losses.
Türkiye’s President Recep Tayyip Erdoğan and Pakistani Prime Minister Shahbaz Sharif held talks on Friday during the International Peace and Trust Forum in Ashgabat, Turkmenistan, focusing on bilateral relations as well as regional and global issues
ussian President Vladimir Putin described Moscow’s relations with Baghdad as historically strong and unbroken during a meeting with Iraqi President Abdul Latif Rashid in Turkmenistan.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment