Crypto Kidnappings Surge 100% in 2025 as Bitcoin Prices Soar

The United States has witnessed a disturbing surge in crypto-related kidnapping cases, highlighting the escalating risks associated with digital asset ownership. This trend is particularly alarming as it coincides with the recent price surge of Bitcoin, making digital asset holders prime targets for criminals.

North America remains the most affected region, with physical threats being a common tactic employed by attackers. The Binance report underscores this trend, revealing that over 15 crypto kidnapping incidents have occurred in 2025 alone. These incidents are not isolated to the US; Europe and Asia are also experiencing similar trends, with Southeast Asian countries reporting a significant number of cases since 2019.

France, for instance, has recorded six incidents recently, with half occurring in 2025. Victims range from high-profile crypto executives to everyday traders, often targeted for their perceived value in the blockchain space. Criminals have even resorted to targeting family members of crypto holders or tourists believed to possess digital asset keys, demonstrating the lengths to which they will go to access these valuable assets.

One of the most shocking incidents this year involved David Balland, co-founder of Ledger, who, along with his wife, was abducted from their home in France. This incident garnered significant media attention and raised concerns within the crypto community. In another alarming event, armed assailants attempted to kidnap the child and grandchild of the CEO of a French crypto exchange in early May.

Across the Atlantic, the New York police apprehended a 37-year-old crypto investor, who was allegedly involved in the kidnapping and torture of an Italian tourist for an extended period. The victim’s successful escape has brought to light the darker aspects of the crypto industry, where physical threats are increasingly being used to extort digital assets.

According to the Binance report, there is a striking correlation between Bitcoin’s soaring prices and the rise in these physical crimes. As Bitcoin reaches record highs, the incentive for criminals to target crypto holders becomes more pronounced. This year alone, at least 15 crypto kidnapping incidents have been documented, with ransom demands often being made in Bitcoin. As the value of digital currencies increases, criminals seem more inclined to resort to violent measures to access these funds.

In summary, the growing trend of crypto kidnapping poses significant risks to those engaged in digital asset trading. With rising Bitcoin values, the potential for physical threats has escalated, making it imperative for individuals and institutions to adopt heightened security measures. The correlation between the surge in Bitcoin prices and the increase in kidnapping incidents underscores the need for enhanced vigilance and protective strategies within the crypto community.