Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Crypto Kidnapper Arrested in Morocco Over Violent Crimes

Crypto Kidnapper Arrested in Morocco Over Violent Crimes

CoinomediaCoinomedia2025/06/05 01:56
By:Isolde VerneIsolde Verne

24-year-old Franco-Moroccan man arrested for kidnapping French crypto figures, including Ledger co-founder David Balland.Shocking Crypto Crime Uncovered in MoroccoTargeting the Crypto EliteGlobal Security Risks in the Crypto Space

  • Suspect behind multiple crypto kidnappings arrested in Morocco
  • Victims included Ledger co-founder David Balland
  • Violent tactics used, including severing a victim’s finger

Shocking Crypto Crime Uncovered in Morocco

A chilling development has shaken the crypto world: Moroccan authorities have arrested 24-year-old Badiss Mohamed Amide Bajjou, a Franco-Moroccan national accused of orchestrating a series of brutal kidnappings targeting French crypto entrepreneurs. Among the victims was David Balland, co-founder of Ledger, a well-known crypto hardware wallet company.

The arrest follows an intensive investigation into multiple high-profile abductions. Reports confirm that during one of the kidnappings, Balland and his partner were violently assaulted, with Balland’s finger reportedly severed to bypass biometric security protocols. A large ransom demand was also made, sparking widespread concern across the crypto industry.

Targeting the Crypto Elite

Bajjou allegedly operated a network aimed at identifying and targeting wealthy individuals in the crypto sector, especially those residing in or traveling through France. Using violent and coercive tactics, the gang sought to extract crypto assets by any means necessary—including physical torture and biometric access methods.

Such tactics highlight a growing concern: crypto wealth often lacks traditional protections found in legacy finance systems. With private keys or wallet access, attackers can move digital assets instantly and anonymously. This vulnerability makes crypto entrepreneurs increasingly attractive—and dangerous—targets.

A 24-year-old Franco-Moroccan man, Badiss Mohamed Amide Bajjou, has been arrested in Morocco for allegedly orchestrating multiple kidnapping cases targeting French crypto entrepreneurs, including the abduction of Ledger co-founder David Balland and his partner, during which the…

— Wu Blockchain (@WuBlockchain) June 4, 2025

Global Security Risks in the Crypto Space

This arrest underscores the urgent need for personal security in the world of digital finance. As crypto adoption grows, so do physical threats to those visibly involved in the space.

Security experts are urging crypto holders to remain discreet about their holdings, avoid predictable patterns, and invest in robust physical and digital protection strategies. The incident involving Balland has sent shockwaves through the crypto community, serving as a brutal reminder of the real-world dangers that can come with decentralized wealth.

As Moroccan authorities continue their investigation, global law enforcement agencies are likely to increase their cooperation on crypto-related crime. The crypto industry, meanwhile, must adapt to address not just digital threats—but very real, physical ones too.

Read Also:

  • Crypto Kidnapper Arrested in Morocco Over Violent Crimes
  • SUI Pulls Back and BNB Struggles at $660; Unstaked Is Set to Be 2025’s Biggest Breakout with 27x Upside Potential!
  • 4 Top Cryptos to Buy Now: BlockDAG, ATOM, DOT, and SUI Stand Out With Key Price Levels and Project Updates
  • James Wynn Liquidated for 240 BTC Amid Market Moves
  • Arctic Pablo Predicted to Soar to $0.1—Will You Regret Missing It at $0.00027? Trump Coin and SUNDOG Also Rank Among the Best Crypto Coins to Buy
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.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!