French crypto millionaires kidnapped for ransom in London

Two French crypto millionaires were kidnapped in London, tortured for 52 hours, and forced to transfer $30,000. Police rescued them after a chase; five were convicted, but the mastermind is still at large.

Two French cryptocurrency millionaires were kidnapped in London and held captive for over 52 hours by a criminal gang targeting their digital assets. The victims endured physical abuse, torture, and threats, including being burned and threatened with death, as the attackers tried to force them to reveal wallet codes. Initially, the criminals demanded $150,000 in cryptocurrency but ultimately coerced the victims into transferring $30,000. The ordeal ended after police tracked the suspects via mobile phones and conducted a high-speed chase, resulting in the victims' rescue and the arrest of several suspects. Five men were convicted in connection with the case, while the alleged mastermind remains at large. The incident highlights the risks faced by crypto asset holders, especially those who publicly display their wealth online, as such exposure can attract criminal attention and violent extortion attempts.