The father of a certain cryptocurrency billionaire was kidnapped in Paris and held for a ransom of 5 to 7 million euros, and has now been rescued

ChainCatcher news, French Interior Minister Bruno Retailleau shared a news article on X. The news states that the father of a crypto millionaire was kidnapped for ransom in Paris and has now been rescued. It is reported that this crypto millionaire owns a cryptocurrency management company in Malta, and his father was kidnapped around 10:30 AM on Thursday, with a ransom demand of 5 to 7 million euros to be paid via transfer. Currently, four individuals involved have been arrested and detained, and the related news did not disclose the name or other information about the crypto millionaire.

Previously, it was reported that Ledger co-founder David Balland was also kidnapped in France earlier this year. In that incident, David Balland was ultimately rescued, but it was claimed that one of his fingers was severed.