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The billionaire's father was kidnapped, demanding a ransom of 7 million euros, and was rescued.
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On May 4th, French Interior Minister Bruno Retailleau shared information on platform X about a kidnapping and extortion case in Paris. The father of a tycoon running a cryptocurrency management company in Malta was kidnapped and has been successfully rescued.
The father was kidnapped around 10:30 AM on Thursday, and the criminals demanded a ransom of 5 to 7 million euros via bank transfer. Four people have now been arrested and taken into custody in connection with the incident.
The name of the crypto giant and further details were not announced. Earlier, Ledger co-founder David Balland was also kidnapped in France and rescued, but one of his fingers was cut off.
This information is for market informational purposes only and does not constitute investment advice.
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