{"id":26859,"date":"2025-05-15T05:31:53","date_gmt":"2025-05-15T05:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/chainalysis-ceo-offers-a-clue-into-the-recent-spate-of-paris-crypto-attacks\/"},"modified":"2025-05-15T05:31:53","modified_gmt":"2025-05-15T05:31:53","slug":"chainalysis-ceo-offers-a-clue-into-the-recent-spate-of-paris-crypto-attacks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26859","title":{"rendered":"Chainalysis CEO offers a clue into the recent spate of Paris crypto attacks"},"content":{"rendered":"
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\"Chainalysis<\/p>\n

Some criminal organizations are yet to receive the memo \u2014 crypto is traceable \u2014 and could explain the recent string of crypto-related kidnappings, says Chainalysis CEO Jonathan Levin.\u00a0<\/p>\n

Law enforcement has been increasingly successful at tracing stolen funds<\/a> and crypto ransom payments, resulting in a \u201clot of arrests,\u201d Levin said during the 2025 Consensus crypto conference, covered by Cointelegraph.<\/p>\n

\u201cFor whatever reason, there is a perception that\u2019s out there that crypto is an asset that is untraceable, and that really lends itself to criminals acting in a certain way,\u201d he said.\u00a0<\/p>\n

\u201cApparently, the know that crypto is not untraceable hasn’t been received by some of the organized crime groups that are actually perpetrating these attacks, and some of them are concentrated in, you know, France, but not exclusively.\u201d\u00a0<\/p>\n

\"Chainalysis
Jonathan Levin (left) says criminals targeting the crypto industry should know that the funds are traceable and law enforcement can track them. Source: Cointelegraph<\/em><\/figcaption><\/figure>\n

There have been two serious crypto-related attacks in Paris so far this month. On May 13, three assailants attempted to kidnap the daughter and grandson of Pierre Noizat<\/a>, the co-founder and CEO of French crypto exchange Paymium.\u00a0<\/p>\n

Earlier in the month, on May 3, Paris police freed the father of a crypto entrepreneur who was held for several days<\/a> as part of a 7 million euro ($7.8 million) kidnapping plot. The attacks have prompted France\u2019s interior minister<\/a> to meet with crypto professionals and address rising security concerns.\u00a0<\/p>\n

Last year, blockchain investigator ZachXBT sounded the alarm in October that he\u2019d been receiving messages from multiple victims of crypto home<\/a> invasion thefts in Western Europe at a much higher rate than other regions.<\/p>\n

\u201cThe message needs to get out there that these payments are traceable and that these units within the law enforcement agencies have actually been very successful at holding some of those people to account in those kidnapping cases,\u201d Levin said.<\/p>\n

\u201cAnd even if it\u2019s not the people that are kidnapping those people, but actually going upstream to the organized crime groups that are orchestrating these,\u201d he added. <\/p>\n

Online streamer Amouranth was the victim of a home invasion<\/a> in March 2025 when several armed assailants held her at gunpoint and demanded the keys to her crypto wallet, four suspects were charged<\/a> in connection with the incident and arrested by law enforcement.<\/p>\n