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Paris Court Indicts 25, Including Six Minors, in Crypto-Linked Kidnap Cases

Police have expanded their inquiry into a suspected Morocco-based ringleader behind violent abduction attempts targeting cryptocurrency professionals

Overview

  • Twenty-five suspects aged 16 to 23 were formally presented to judges on charges of conspiracy and organized attempted kidnapping.
  • Eighteen defendants remain in provisional detention, three have deferred hearings, and four are under judicial supervision.
  • The case covers the May 12 foiled attempt and the May 13 street abduction bid targeting the Paymium CEO’s daughter and grandson in Paris, alongside an earlier plot near Nantes.
  • Investigators say young recruits were drawn in through social media to carry out abductions aimed at seizing cryptocurrency assets for ransom.
  • Interior Minister Bruno Retailleau convened industry and law enforcement in mid-May to strengthen security protocols for the crypto sector.