Crypto execs beef up security following string of kidnappings: Report
Crypto industry executives are increasing personal security measures due to a rise in kidnapping and ransom attempts, particularly in France. Infinite Risks International reports a surge in inquiries for bodyguard services and long-term security contracts. French law enforcement has implemented enhanced security protocols for crypto entrepreneurs, including security briefings and expedited police access. Authorities advise against displaying wealth or wearing crypto-branded clothing to reduce target risks. Notable incidents include the kidnapping of Ledger co-founder David Balland in January 2025 and an attempted kidnapping of Pierre Noizat's family in May 2024. These events have prompted calls for improved safety measures from French officials.
