crypto, Torture and kidnapping
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Wrench attacks are on the rise thanks in part to cryptocurrency’s move into mainstream finance, Phil Ariss of the crypto tracing firm TRM Labs said in a recent blog post. “Criminal groups already comfortable with using violence to achieve their goals were always likely to migrate to crypto,” Ariss said.
France has foiled the latest in a spate of kidnapping plots targeting cryptocurrency entrepreneurs, and detained more than 20 people over that attempt and another against crypto boss Pierre Noizat's family,
Big players in the crypto sector argue that new European cryptocurrency rules may be enabling recent abductions and are demanding changes and more security.
France has arrested more than 20 people over two recent kidnapping plots targeting crypto traders in Paris and another attempt in western France, according to reports from French news agency AFP.
US President Trump's crypto ties may have helped legitimize the asset class to hesitant investors, but they also raise ethical concerns and slow down regulation, Axios crypto reporter Brady Dale tells Madison Mills and Brad Smith on Morning Brief.
Warning over rise of violent ‘wrench attacks’ on wealthy crypto holders - Wrench attacks are on the rise thanks in part to cryptocurrency’s popularity
France's Interior Minister addresses crypto security concerns in meeting after a Paris family kidnapping attempt linked to the industry.