Source: Cointelegraph
Original: “The Daughter of a Cryptocurrency Exchange CEO Brave Fends Off Kidnappers in Paris”
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A bold kidnapping attempt targeting Pierre Noizat, co-founder and CEO of the French cryptocurrency exchange Paymium, and his daughter and grandson was successfully thwarted, reportedly because his daughter and a passerby fought back against the kidnappers.
On May 13, three masked men attacked Noizat's daughter and a male companion in the 11th arrondissement of Paris while she was walking with her son. According to French state media France24 on May 13, the attackers attempted to force Noizat's daughter and her son into a waiting van.
Police stated that the male companion was assaulted when he tried to intervene, but Noizat's daughter fought back fiercely and successfully wrested a gun from one of the attackers during the struggle and discarded it.
In the heart of Paris, a man was assaulted by masked individuals dressed entirely in black. They were attempting to kidnap him. A man emerged, extinguisher in hand, to drive them away. →https://t.co/P0qV6PR40v pic.twitter.com/9f4r2Gi7ho
Ultimately, a passerby intervened, and the masked attackers fled in a vehicle, which was later found nearby. All three victims were injured and taken to a local hospital.
Local media Le Parisien reported that the attempted daylight kidnapping is being investigated by the French Interior Ministry's special police unit "Anti-Banditry Brigade."
Michael Englander, co-founder and CEO of the Polish cryptocurrency exchange Plasbit, stated that this incident should serve as a wake-up call for others in the industry.
In a post on the X platform on May 13, he said, "If you are still flaunting online in the crypto industry, you are not only foolish but also putting your family in danger."
Sasha Hodder, a lawyer focused on cryptocurrency, stated on the X platform, "Cryptocurrency theft is evolving. It’s no longer just social engineering or SIM swap attacks."
In May of this year, Las Vegas police reported that three teenagers were suspected of armed kidnapping of a man returning from a local cryptocurrency event, stealing $4 million worth of cryptocurrency and non-fungible tokens (NFTs).
On May 3, Paris police rescued the father of a cryptocurrency entrepreneur who had been held for several days in connection with a €7 million ($7.8 million) kidnapping plot.
Earlier this year, David Balland, co-founder of cryptocurrency hardware wallet manufacturer Ledger, was kidnapped from his home in central France in the early hours of January 21. He was held captive until police successfully rescued him on the evening of January 22.
Jameson Lopp, co-founder of the crypto-punk and self-custody company Casa, created a list on GitHub documenting dozens of offline cryptocurrency robbery cases, with 22 incidents of face-to-face cryptocurrency-related thefts reported so far this year.
A study by the University of Cambridge in September found that these so-called "wrench attacks" often go unreported due to victims' fears of secondary victimization, with a diverse group of attackers involved, including organized crime groups, friends, and family.
Related: Bitcoin (BTC) is just one rise away from setting a new high, but overly exuberant bulls signal that the market is "overheated."
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