Four arrested in France for attempted crypto-related kidnapping

Four suspects have been arrested in Marseille, France, for an attempted kidnapping and robbery targeting cryptocurrency, local media outlet Laprovence reported. The suspects allegedly broke into a home in the 13th arrondissement of Marseille early on June 13, taking two women hostage and demanding crypto-related assets. They fled the scene when police arrived after being alerted by the family. Kidnapping and extortion crimes targeting crypto holders and their families are reportedly on the rise in France, with about 70 such incidents reported this year. Police noted that these crimes often target crypto asset holders and are becoming increasingly organized and violent.