Wave of Crypto Kidnappings in France Raises Security Alarms, Possibly Impacting Presidential Race
France is witnessing a rising wave of kidnappings aimed at cryptocurrency entrepreneurs. The situation is not only damaging the country’s reputation but is also becoming a political issue, impacting the government and a potential 2027 presidential contender.
What Happened: A recent increase in ransom kidnappings is creating unrest within France’s crypto industry and the government led by President Emmanuel Macron. Interior Minister Bruno Retailleau, who is rumored to be a potential candidate for the presidency, is particularly affected by this situation.
Earlier this month, a kidnapping incident concluded with a police raid and the arrest of seven suspects. However, this incident, along with other similar cases, continues to unsettle the crypto industry and the political environment in the country.
Retailleau convened a private meeting with crypto entrepreneurs last Friday to …
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