Kidnapping of Crypto Millionaire's Father Ends in Dramatic Rescue

In a swift police operation, the father of a French cryptocurrency millionaire has been rescued from kidnappers.

French police successfully rescued a man in his 50s, believed to be the father of a wealthy crypto investor, who had been abducted in broad daylight in Paris. The incident took place on Thursday when four masked assailants forcefully took him and demanded a ransom between 5-7 million euros from his son. Authorities tracked the location of the victim to a house in Palaiseau using phone signals, leading to the arrest of the four suspects involved. The victim was found with a missing finger, which has raised concerns as this marks the third such kidnapping connected to France's cryptocurrency sector this year. In recent months, similar high-profile cases have drawn attention, highlighting a worrying trend of criminal activity targeting individuals in the crypto industry. French Interior Minister Bruno Retailleau commended law enforcement for their effective response in securing the victim's safe return.