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After the violent kidnapping incident, the French government promised to provide additional security for Crypto Assets entrepreneurs.
On May 17, according to Politico, a group of crypto assets entrepreneurs and their families in France will receive enhanced security measures after experiencing two successful kidnapping incidents and one attempted kidnapping. The French Ministry of the Interior stated that these measures include priority access to police emergency hotlines, police home visits, and providing security training to help those involved understand the best protective practices. Law enforcement personnel will also receive “anti-money laundering training for crypto assets.” French Minister of the Interior Bruno Retailleau stated in a statement on Friday: “The series of kidnapping incidents targeting professionals in the crypto industry will be addressed through a range of specialized measures, including immediate and short-term actions to prevent, deter, and stop such behaviors, thereby protecting the industry.”