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Seven Arrested After Rescue of Crypto Entrepreneur’s Father in Paris Kidnapping Case

Police freed the victim, who was mutilated during his captivity, in a high-stakes operation following ransom demands of up to €7 million.

Image
Une demi-heure avant la fin du second ultimatum, la BRI décide d’intervenir dans un logement situé dans l’Essonne.
La victime a été libérée ce samedi vers 21 heures. (Image d’illustration)
Quatre suspects ont été interpellés lors de l’opération.

Overview

  • The father of a cryptocurrency entrepreneur was abducted on May 1 in Paris by a group demanding between €5 to €7 million in ransom.
  • The victim was rescued by elite police units on May 3 in Palaiseau, Essonne, after a 60-hour investigation and coordinated operation.
  • Seven suspects, aged between 16 and 30, have been arrested and are in custody, with charges including kidnapping and organized extortion.
  • The victim was found with a severed finger, reportedly inflicted to pressure his family into paying the ransom.
  • Authorities are investigating this case as part of a troubling trend of crypto-linked kidnappings, including the recent abduction of Ledger co-founder David Balland.