Crypto Ransom Fails: TikToker Released Over Low Funds

A TikTok crypto trader was held for €50K ransom but released when captors saw his low crypto balance.

  • TikTok trader kidnapped in France over €50K crypto ransom.
  • Released after abductors discovered minimal account funds.
  • Organized Crime Division is investigating amid rising crypto-targeted crimes.

A 26‑year‑old TikTok crypto content creator with roughly 40,000 followers was reportedly kidnapped on Friday in Juvisy‑sur‑Orge, a Paris suburb. Four assailants forced him into a stolen car, demanding €50,000 in cryptocurrency. They beat him and demanded access to his digital wallet. However, once they checked his balance and realized it was nearly empty, they released him the following day without receiving the ransom .

Investigators take note as crypto crimes rise

France’s Organized and Specialized Crime Division has taken charge of the case, granting the victim six days of medical leave after the incident Authorities are growing increasingly concerned about a surge in crypto‑motivated kidnappings. Earlier this year, attackers targeted high‑profile figures, including an attempted kidnapping of a crypto‑exchange CEO’s daughter and a plot involving a €7 million ransom where a victim suffered severe injury.

Crypto Kidnap: A warning for traders

This strange twist—where zero funds saved the victim—highlights a tense reality: being a public figure in crypto, especially on social platforms like TikTok, carries elevated risk. The crypto kidnap trend is escalating, prompting calls for improved safety protocols, both online and offline. Publicly sharing wealth or digital profiles can make traders easy targets. The investigation now seeks to uncover how widespread and coordinated these crimes are .

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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