- Bruno Retailleau, France’s Interior Minister, met with industry representatives to offer emergency police access and special security checks.
- The government will also deliver security briefings from elite police units and increase anti-money laundering training for law enforcement.
- At least 14 attacks on crypto specialists have occurred in France in the past year, according to Ledger co-founder Éric Larchevêque.
- A recent data leak involving Coinbase user information has raised additional concerns about the safety of crypto investors.
The French government announced immediate enhanced security support for crypto entrepreneurs at a meeting held today in Paris. The efforts aim to counter a recent increase in targeted kidnapping and extortion attempts involving prominent figures in the cryptocurrency sector.
Interior Minister Bruno Retailleau stated that France will provide these individuals with prioritized access to emergency police resources, specialized security briefings from elite police units, and home security evaluations. Law enforcement officers will also receive more training to prevent the laundering of digital assets.
“These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in order to protect the industry,” Retailleau said, referencing the surge in attacks.
This week, four masked individuals reportedly attempted to kidnap the daughter and grandson of a crypto exchange CEO on the streets of Paris. According to Éric Larchevêque, co-founder of Ledger, there have been 50 attacks targeting cryptocurrency professionals in the last year, with 14 taking place in France. Larchevêque noted that his business partner was kidnapped and injured in France in January.
Recently, a leak of personal information from Coinbase user accounts led to concerns within the crypto community. Observers warned that criminals may use such data to identify and target investors for ransom, as highlighted on social media.
The French government has emphasized that additional anti-crypto asset laundering training will be delivered to law enforcement. The new measures reflect continuing concerns over the safety and security of individuals operating in the cryptocurrency industry.
For further information on the topic, readers can reference this Politico article and a report on Halifax City News.
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