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French Police Arrest Suspected Crypto Kidnap Mastermind in Morocco

The detention in Tangier marks a milestone in cross-border efforts to crack down on a wave of violent abductions targeting wealthy crypto executives.

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Badiss Mohammed Bajjou was wanted by French authorities over a spate of kidnappings

Overview

  • Authorities detained 24-year-old Badiss Mohamed Amide Bajjou in Tangier under an Interpol red notice for arrest, kidnapping and false imprisonment.
  • French investigators have charged 25 individuals, including six minors, over the series of kidnappings and attempted abductions.
  • January’s high-profile abduction of Ledger co-founder David Balland saw kidnappers mutilate the victim by cutting off his finger and demanding a hefty ransom.
  • Interior Minister Bruno Retailleau held an emergency meeting with cryptocurrency leaders in May and ordered strengthened security protocols for executives.
  • Justice Minister Gérald Darmanin praised Morocco’s General Directorate for National Security for demonstrating “excellent judicial cooperation” in the operation.