In a major breakthrough for cryptocurrency security, Moroccan authorities have apprehended the alleged mastermind behind a series of high-profile crypto-related kidnappings in France. The arrest marks a significant victory in the ongoing battle against cryptocurrency-targeted crime and highlights the growing importance of crypto self-custody solutions in today’s digital asset landscape.
Key Details of the Arrest
Badiss Mohamed Amide Bajjou, a 24-year-old French-Moroccan national, was taken into custody by Moroccan police on June 4, 2025. The suspect was found carrying multiple weapons and mobile devices, suggesting connections to a larger criminal network. This arrest comes after an Interpol Red Notice was issued in 2023.
Timeline of Crypto-Related Kidnappings
- May 13, 2025: Attempted kidnapping of Paymium CEO’s family members
- May 3, 2025: Successful rescue of a crypto entrepreneur’s father
- January 21, 2025: Abduction of Ledger co-founder David Balland
Impact on Cryptocurrency Security
The series of kidnappings has prompted French authorities to implement enhanced security measures for crypto executives and their families. These incidents underscore the importance of maintaining strict privacy around cryptocurrency holdings and implementing robust security protocols.
International Cooperation
The successful arrest demonstrates growing international collaboration in combating crypto-related crime. French Minister of Justice Gérald Darmanin publicly acknowledged Morocco’s swift action and cooperation in apprehending the suspect.
Security Recommendations for Crypto Holders
- Avoid public displays of crypto wealth
- Maintain strict privacy around digital asset holdings
- Implement comprehensive security measures
- Keep emergency contacts readily available
FAQ Section
What security measures are being implemented for crypto executives?
French authorities are providing priority phone lines, home security checks, and safety briefings to protect crypto industry leaders and their families.
How can crypto holders protect themselves from similar threats?
Experts recommend maintaining low profiles, using secure storage solutions, and following basic security protocols to minimize risk exposure.