Kidnappers in France target cryptocurrency entrepreneurs for ransom

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Kidnappers in France target cryptocurrency entrepreneurs for ransom

2025-05-04 20:20 Last Updated At：20:40

PARIS (AP) — French police rescued the father of a wealthy cryptocurrency entrepreneur in a nighttime raid after he was taken hostage for ransom, the latest alleged criminal effort in France to extort people involved in the management of digital assets.

The man was kidnapped Thursday morning in Paris, the prosecutor's office said Sunday.

“The victim turned out to be the father of a man who made his fortune in cryptocurrencies, and the incident was accompanied by a ransom demand,” its statement said, without giving their names or other specifics about their identities.

Police investigators located the hostage in a house in the Essonne region south of Paris, from which he was rescued on Saturday night, the prosecutor's office said.

It said he was treated for injuries but gave no details. French media reported that the alleged hostage-takers cut off one of the man's fingers.

Police detained 5 people — four were in or close to the house where the man was held captive, while the fifth was at the wheel of a vehicle thought to have been used for the alleged abduction, the prosecutor’s office said.

It said the police investigation is looking at an array of possible criminal charges, including kidnapping “with torture or a barbaric act.”

In January, police said a co-founder of French crypto-wallet firm Ledger, David Balland, was also kidnapped with his wife from their home in the region of Cher of central France.

Police said they made 10 arrests and that the alleged kidnappers demanded a ransom in cryptocurrency from another of Ledger's co-founders.

A raid by France's elite National Gendarmerie Intervention Group unit that specializes in hostage situations freed Balland the next day, followed the day after that by the liberation, again by the GIGN, of his wife, found tied up in a vehicle, police said.

Tensions flare in Minnesota as protesters and federal agents repeatedly square off

MINNEAPOLIS (AP) — Federal officers dropped tear gas and sprayed eye irritant at activists Tuesday during another day of confrontations in Minneapolis while students miles away walked out of a suburban school to protest the Trump administration's bold immigration sweeps.

The government's immigration crackdown is next headed to a federal court where Minnesota and two mayors are asking a judge to immediately suspend the operation. No hearing has been set on the request.

Gas clouds filled a Minneapolis street near where Renee Good was fatally shot in the head by an immigration agent last week. A man scrubbed his eyes with snow and screamed for help while agents in an unmarked Jeep sprayed an orange irritant and drove away.

It's common for people to boo, taunt and blow orange whistles when they spot heavily armed agents passing through in unmarked vehicles or walking the streets, all part of a grassroots effort to warn the neighborhood and remind the government that they’re watching.

“Who doesn't have a whistle?” a man with a bag of them yelled.

Brita Anderson, who lives nearby and came to support neighborhood friends, said she was “incensed” to see agents in tactical gear and gas masks, and wondered about their purpose.

“It felt like the only reason they’d come here is to harass people,” Anderson said.

Separately, a judge heard arguments and said she would rule by Thursday or Friday on a request to restrict the use of force, such as chemical irritants, on people who are observing and recording agents' activities. Government attorneys argued that officers are acting within their authority and must protect themselves.

In Brooklyn Park, Minnesota, students protesting the immigration enforcement operation walked out of school, as students in other communities have done this week.

With the Department of Homeland Security pledging to send more than 2,000 immigration officers into Minnesota, the state, joined by Minneapolis and St. Paul, sued President Donald Trump's administration Monday to halt or limit the surge.

The lawsuit says the Department of Homeland Security is violating the First Amendment and other constitutional protections by focusing on a progressive state that favors Democrats and welcomes immigrants.

“This is, in essence, a federal invasion of the Twin Cities in Minnesota, and it must stop,” state Attorney General Keith Ellison said.

Minneapolis Mayor Jacob Frey said: “What we are seeing is thousands — plural — thousands of federal agents coming into our city. And, yeah, they’re having a tremendous impact on day-to-day life.”

Dozens of protests or vigils have taken place across the U.S. to honor Good since the 37-year-old mother of three was killed.

Homeland Security says it has made more than 2,000 arrests in the state since early December and is vowing to not back down. Spokesperson Tricia McLaughlin, responding to the lawsuit, accused Minnesota officials of ignoring public safety.

“President Trump’s job is to protect the American people and enforce the law — no matter who your mayor, governor, or state attorney general is," McLaughlin said.

The Trump administration has repeatedly defended the immigration agent who shot Good, saying he acted in self-defense. But that explanation has been widely panned by Frey, Minnesota Gov. Tim Walz and others based on videos of the confrontation.

Two Democratic lawmakers from Massachusetts announced Tuesday they are sponsoring a bill to make it easier for people to sue and overcome immunity protections for federal officers who are accused of violating civil rights. The bill stands little chance of passage in the Republican-controlled Congress.

In Wisconsin, Lt. Gov. Sara Rodriguez is proposing that the state ban civil immigration enforcement around courthouses, hospitals, health clinics, schools, churches and other places. She is hoping to succeed Gov. Tony Evers, a fellow Democrat, who is not running for a third term.

“We can take a look at that, but I think banning things absolutely will ramp up the actions of our folks in Washington, D.C.,” Evers said, referring to the Trump administration. “They don’t tend to approach those things appropriately.”

Associated Press reporters Ed White in Detroit; Steve Karnowski in Minneapolis; and Scott Bauer in Madison, Wisconsin, contributed.