Some criminal organizations still have to receive the memo – the crypto is traceable – and could explain the recent series of kidnappings linked to the crypto, explains the CEO of Chainalysis, Jonathan Levin.
The police have increasingly succeeded in drawing stolen funds and ransom of Crypto ransom, which led to a “many arrests,” said Levin at the Consensus cryptography conference in 2025, covered by Cointelegraph.
“For any reason, there is a perception which is there that crypto is an asset not found, and which really lends itself to criminals acting in a way,” he said.
“Apparently, the knowledge that crypto cannot be found has not been received by some of the groups of organized crimes which really perpetuate these attacks, and some of them are concentrated, you know, France, but not exclusively.”
So far, there have been two serious attacks linked to the crypto in Paris. On May 13, three attackers attempted to kidnap the daughter and grandson of Pierre Noizat, co-founder and CEO of French Crypto Exchange Paymium.
Earlier in the month, on May 3, the Paris police released the father of a cryptographic entrepreneur who was detained for several days as part of an abduction land of 7 million euros ($ 7.8 million). The attacks prompted the French Minister of the Interior to meet cryptography professionals and to respond to growing security problems.
Last year, the blockchain investigator, Zachxbt, sounded the alarm in October that he had received messages from several victims of the flight invasion in crypto in Western Europe at a much higher rate than the other regions.
“The message must come out that these payments are traceable and that these units within the law enforcement agencies have in fact very successful to take some of these people to account in these cases of abduction,” said Levin.
“And even if it is not the people who kidnap these people, but who go upstream to the groups of organized crimes that orchestrate the orchestrate,” he added.
The online streamer Amouranth was the victim of an invasion of domicile in March 2025 when several armed attackers held him under the threat of a weapon and asked the keys to his cryptographic portfolio, four suspects were charged with the incident and arrested by the police.
https://www.youtube.com/watch?v=hf08So8Tlei
Crypto removal “not such a profitable company”
Levin says that he hopes that organized crime will take a message to the arrest of crypto thieves, in particular, that it is not such a profitable company to do “and, in some cases, ransom payments could even be recoverable.
“There is also the ability to potentially recover some of these payments. I think that in general, the objective here is not necessarily the restoration of money, but it is due to these people to account,” he said.
However, although the police succeed in finding the criminals targeting the cryptography industry, Levin says that the wave of offline flights is still a “dark” situation and that the industry should also take additional measures to stifle the flight.
“People have to be very careful about shared information about them online,” he said.
In relation: Adolescents kidnap Las Vegas’s man under the threat of a weapon, stealing $ 4 million in crypto
This year, 22 recorded flight incidents linked to cryptography in person against 28 in 2024, according to a list of Github created by Cyplerpunk and co-founder of the Société d’Aux-Affection Casa, Jameson LOPP.
However, the number could be higher. A study by the University of Cambridge published in September of last year revealed that these so-called “key attacks” were often underestimated due to the fears of rejection.
Additional report by Vince Quill.
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