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Second Cryptocurrency Entrepreneur Kidnapped in France, Four Arrested

A 30-year-old crypto miner was abducted in Troyes days after the high-profile kidnapping of Ledger's cofounder, highlighting growing risks in the cryptocurrency sector.

  • A 30-year-old cryptocurrency miner was lured into a trap during a business meeting in Sainte-Savine, near Troyes, and subsequently abducted and held for ransom.
  • The kidnappers demanded €20,000 for the victim's release but were thwarted after the victim managed to alert a friend, who contacted the police.
  • Police located the victim in a house and arrested all four suspects without incident; the victim was found unharmed.
  • This incident follows the recent abduction of David Balland, cofounder of Ledger, who was tortured and held for a €10 million ransom before being rescued by French authorities.
  • The two kidnappings underscore heightened security risks for individuals in the cryptocurrency industry, as criminals increasingly target this growing sector.
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