Three men suspected of organizing kidnappings targeting individuals who hold cryptocurrency in the Essonne department were placed under formal investigation, according to the National Gendarmerie. The investigation was announced on Tuesday, September 15, following an operation between September 8 and 11 by gendarmes from Chambéry (Savoie), Sathonay-Camp, and Dardilly (Rhône). During the operation, the three men were arrested, and a female accomplice, believed to have provided resources to the group, was also taken into custody. Searches conducted during the operation uncovered cash and other evidence that could be used against them. The men are being investigated for forming a criminal organization and engaging in organized extortion with weapons.
On March 10, a resident in the northeastern part of the Essonne department encountered two individuals wearing masks and carrying small explosives attempting to enter their home. This incident was linked to a broader pattern of criminal activity targeting cryptocurrency holders. A 35-year-old man and two teenagers, aged 15 and 17, suspected of directly participating in the kidnappings, had already been placed under formal investigation in March for attempted extortion and unlawful detention.
According to the National Anticriminality Prosecution (Pnaco), as reported by France Inter, over 70 kidnappings or detentions related to cryptocurrency were recorded in the first eight months of 2026. This represents a significant increase compared to the previous years, with approximately 20 such incidents reported in 2024 and 67 in 2025. The rise in these crimes has raised concerns about the security of individuals involved in cryptocurrency transactions, particularly in regions like Essonne.
Authorities continue to investigate the extent of the criminal network and its methods, aiming to prevent further incidents and bring those responsible to justice. The cases highlight the growing intersection between digital finance and organized crime, prompting calls for increased security measures and public awareness.
French Authorities Investigate Prisoners Linked to Cryptocurrency-Related Kidnappings
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