Crypto-related kidnappings and extortion surge in France

Violent crimes such as kidnapping and extortion targeting cryptocurrency holders are rapidly increasing in France, Cointelegraph reported. French Minister of the Interior Laurent Nuñez announced that a total of 77 cases of kidnapping, extortion, and attempted extortion related to cryptocurrency occurred in the first half of this year. This figure has already significantly surpassed the 45 cases recorded for all of last year. Nuñez stated that the situation is very serious and that the government will strengthen its response and support. An estimated 7.3 million people, or about 11% of the total population, hold cryptocurrency in France.