The post Police Rescue Millionaire’s Kidnapped Father appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto riches turned into a nightmare in Paris, where a father was kidnapped in broad daylight to force his millionaire son into paying a brutal ransom. French police freed a man over the weekend who was kidnapped in Paris as part of a ransom scheme against his rich son, prosecutors said. The victim, whose identity has not been released, was abducted on Thursday, May 2, in the 14th district of the city. He was traced and released in a late-night operation on Saturday, May 3, in a suburb on the outskirts of the capital. Five men in their 20s were arrested in connection with the crime by French authorities. One of them was caught driving a car thought to be used in the kidnapping. Father Targeted Over Son’s Crypto Wealth The kidnappers were said to be targeting cash from the man’s son, a millionaire who runs a cryptocurrency marketing company in Malta with his father. The police say the kidnapping occurred mid-morning when four masked men abducted the father into a delivery van. The motive was ransom. French news source Le Parisien indicated that the kidnappers demanded for between €5 million and €7 million. Investigators believe the attackers knew about the son’s cryptocurrency wealth and used the father as a means to intimidate him into paying. The father of a crypto millionaire was kidnapped in broad daylight in Paris on Thursday. Similar to the David Balland attack, a ransom of 5M EUR was demanded and one of the victim’s fingers was amputated.https://t.co/tjm8LgdQ8h — Jameson Lopp (@lopp) May 4, 2025 Finger Severed To Pressure Victim’s Family In a gruesome act meant to pressure the victim’s son, a source told AFP that one of the father’s fingers had been cut…

---

Filed under: News - @ May 6, 2025 12:25 am