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French Authorities Detain Five in Kidnapping of Crypto Entrepreneur’s Father

Prosecutors say that five suspects kidnapped a couple in Ain on December 31 to extort cryptocurrency from their son

Cinq jeunes âgés de 17 à 22 ans ont été arrêtés et incarcérés, dans le cadre d’une enquête sur le rapt du père d’un influenceur entrepreneur en cryptomonnaie,  a annoncé, samedi 21 juin 2025, le parquet.
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Overview

  • The five suspects, aged 17 to 22, were arrested in Sarthe and Yvelines and charged with armed robbery, extortion, kidnapping, and aggravated violence.
  • On December 31, 2024, armed assailants seized a couple at their Saint-Genis-Pouilly home and moved the 56-year-old father nearly 700 km before he was found by police.
  • Investigators report the victim was beaten, doused with gasoline, and confined in a car trunk after ransom demands in cryptocurrency went unmet.
  • Three of the adult detainees had prior convictions for violent offences, theft, and drug trafficking while the minor suspect faced a record for aggravated theft.
  • Authorities have noted a rise in crypto-linked ransom kidnappings and are stepping up cooperation with industry groups to strengthen security and track illicit payments.