France crypto kidnappings have escalated in 2024–2025, prompting new security measures and a probe into Binance; CZ warned France has gone “downhill” while Notre‑Dame’s towers reopened after restoration.
France crypto kidnappings: multiple high‑profile abductions and ~25 suspects charged
Binance faced a regulatory probe in early 2025 and public criticism from Changpeng Zhao (CZ).
Notre‑Dame’s towers reopened after five years; Binance reportedly donated to restoration efforts.
France crypto kidnappings surge: CZ comments, Binance probe and Notre‑Dame reopening. Read factual coverage, expert insights and safety steps for crypto professionals. — Read more
What are France crypto kidnappings?
France crypto kidnappings describe a series of targeted abductions of individuals linked to the cryptocurrency industry in France, including founders, relatives and executives. Authorities have charged roughly 25 people, introduced tailored security measures and rescued several victims after violent ransom demands.
How has Binance been affected by events in France?
Binance has been the subject of a French probe opened in early 2025, and its former CEO Changpeng Zhao publicly criticized France’s recent trajectory. The probe and public commentary have increased scrutiny on exchanges and pushed industry stakeholders to reassess security and compliance practices.
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Wave of crypto kidnappings
France has repeatedly appeared in crypto news due to a wave of cryptocurrency‑linked kidnappings affecting founders and their families.
In January, Ledger co‑founder David Balland was abducted from his home in central France; kidnappers demanded a €10 million ransom and Balland suffered serious injuries before elite security forces rescued him.
In May, the father of a cryptocurrency millionaire was kidnapped and later rescued. That month also saw an attack on the daughter of Paymium CEO Pierre Noizat and her child; masked assailants attempted to force her into a van but failed.
French law enforcement has charged roughly 25 people in connection with the series of incidents. Authorities have introduced new security protocols tailored for crypto professionals, including protection advisories and cooperation between private firms and police units.
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Why did CZ criticize France and what did he say about Notre‑Dame?
Changpeng Zhao (CZ) commented that France has gone “downhill” over several years, citing the kidnapping wave and the arrest of Telegram CEO Pavel Durov as examples. CZ also noted that Binance donated to the restoration of Notre‑Dame “pretty early on” and welcomed the reopening of the cathedral’s medieval twin towers.
Notre‑Dame’s towers reopened after a five‑year reconstruction following the April 2019 fire. CZ expressed hope that the restoration would be a positive symbol as France addresses public safety concerns.
Note: the French probe into Binance in early 2025 was reported by news outlets as part of ongoing regulatory reviews of crypto platforms.
Security experts recommend layered measures: improve personal security protocols, limit public exposure of personal data, use secure transport and trusted escorts, and coordinate with local law enforcement when threats arise.
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