Close Menu
Influential MagazineInfluential Magazine
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

What's Hot
Inside the U.S.-China Trade Cease-Fire

Inside the U.S.-China Trade Cease-Fire

May 12, 2025
French Police Rescue Kidnapped Father of Crypto Entrepreneur

For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

May 12, 2025
U.S. and China Hail Progress, but Does That Mean There’s a Trade Deal?

U.S. and China Hail Progress, but Does That Mean There’s a Trade Deal?

May 12, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Influential MagazineInfluential Magazine
SUBSCRIBE
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
Influential MagazineInfluential Magazine
Home » French Police Rescue Kidnapped Father of Crypto Entrepreneur

French Police Rescue Kidnapped Father of Crypto Entrepreneur

May 5, 20252 Mins Read Entrepreneurs
French Police Rescue Kidnapped Father of Crypto Entrepreneur
Share
Facebook Twitter Reddit Telegram Pinterest Email

French prosecutors said on Monday that the police had arrested seven people over the weekend in connection with the kidnapping of the father of a cryptocurrency entrepreneur, adding that the captive had been freed.

In a statement, the Paris prosecutor’s office said it had been informed on Thursday that a man had been kidnapped in Paris and held with “a ransom demand.” The office did not name the kidnapped man.

The captive, who had been held in a home in Essonne, an area to the south of Paris, was freed by the police on Saturday evening, the statement said. It added, without providing further details, that the man was injured and had been taken for medical treatment.

The prosecutor’s office did not immediately respond to questions about the nature of the captive’s injuries or about the amount of the demand.

The police arrested four people “in or near the home where the victim was being held captive” during the operation on Saturday and a fifth person who was “driving one of the vehicles likely used by the perpetrators,” the prosecutor’s office said. Two more people were arrested on Sunday, the statement added.

In a social media post, Bruno Retailleau, the French interior minister, wrote, “A huge congratulations to the investigators who did an exceptional job freeing this man and arresting his captors.”

The case was the latest high-profile kidnapping in France connected to cryptocurrency.

In January, the police freed David Balland, a crypto entrepreneur, and his wife, who had been kidnapped and held for ransom for two days.

Mr. Balland is a founder of Ledger, which sells physical devices to store crypto assets. He was hospitalized because the kidnappers had mutilated his hand, Laure Beccuau, the Paris prosecutor, said at the time. His wife had been tied up in a car but was otherwise unhurt, Ms. Beccuau added.

A few weeks earlier, a man and his family had been held hostage in France by a group that wanted to blackmail his son, a crypto influencer living in Dubai, French news media reported.

Prosecutors did not immediately respond to questions on Monday asking if there were connections between the kidnapping last week and other abductions linked to cryptocurrency.

Balland Cryptocurrency David Entrepreneurship France Paris (France) Virtual Currency
Share. Facebook Twitter Pinterest LinkedIn Telegram Reddit Email
Previous ArticleFarmers in Iowa Are Caught in Trump’s Trade War
Next Article A Grand Comeback for a Grand Seaside Hotel

Related Posts

The Tech Guys Are Fighting. Literally.

The Tech Guys Are Fighting. Literally.

May 11, 2025
Crypto Bill Stalls in the Senate as Democrats Balk

Crypto Bill Stalls in the Senate as Democrats Balk

May 8, 2025
Are U.S. Tariffs Affecting Your Business? We Want to Hear From You.

Are U.S. Tariffs Affecting Your Business? We Want to Hear From You.

May 7, 2025
Trump Crypto Deals Provoke Senate Backlash and Calls for Investigation

Trump Crypto Deals Provoke Senate Backlash and Calls for Investigation

May 5, 2025
Is This Late-Night TV’s Last Gasp?

Is This Late-Night TV’s Last Gasp?

May 5, 2025
Donald Jr. and Eric Trump Pursue New Deals That Would Enrich President Trump

Donald Jr. and Eric Trump Pursue New Deals That Would Enrich President Trump

May 5, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Inside the U.S.-China Trade Cease-Fire

Inside the U.S.-China Trade Cease-Fire

By News RoomMay 12, 2025

A 90-day pause Stocks, the dollar and oil are soaring on Monday after President Trump’s…

French Police Rescue Kidnapped Father of Crypto Entrepreneur

For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

May 12, 2025
U.S. and China Hail Progress, but Does That Mean There’s a Trade Deal?

U.S. and China Hail Progress, but Does That Mean There’s a Trade Deal?

May 12, 2025
Can More Military Spending Revive an Economy? This British Town Hopes So.

Can More Military Spending Revive an Economy? This British Town Hopes So.

May 12, 2025

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

About Us
About Us

Influential Magazine is one of the top news portals about Business and Finance news for Entrepreneurs and leaders all around the world, follow us for more intersting articles and news.

Our Picks
Can More Military Spending Revive an Economy? This British Town Hopes So.

Can More Military Spending Revive an Economy? This British Town Hopes So.

May 12, 2025
Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

May 12, 2025
Asia Stocks Rise on Hope for Lower Tariffs After U.S.-China Talks

Asia Stocks Rise on Hope for Lower Tariffs After U.S.-China Talks

May 12, 2025
Trending Now
130,000 Igloo Coolers Recalled After Fingertip Amputations From Handle

130,000 Igloo Coolers Recalled After Fingertip Amputations From Handle

May 11, 2025
The Tech Guys Are Fighting. Literally.

The Tech Guys Are Fighting. Literally.

May 11, 2025
A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars

A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars

May 11, 2025
Influential Magazine
Facebook X (Twitter) Instagram LinkedIn
  • Home
  • Privacy Policy
  • Contact
  • Terms & Conditions
© 2025 Influential Mag. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.