France's interior minister will meet with crypto figures on Friday to address security concerns related to the industry following the attempted kidnapping.

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According to a Foresight News report citing France24 on May 14, after the daughter and grandson of Paymium cryptocurrency exchange co-founder and CEO Pierre Noizat were subjected to an attempted public kidnapping, French Interior Minister Bruno Retailleau invited cryptocurrency professionals to meet with him. Retailleau told Europe 1/CNews broadcasting company: "I will summon businesspeople working in cryptocurrencies, several of whom are in France, and we will collaborate with them at the Ministry of Interior to ensure cryptocurrency safety." On Tuesday, Pierre Noizat's daughter and grandson were nearly kidnapped by armed individuals in Paris, and so far, at least nine suspects have been detained, including those suspected of being the masterminds.

Cypherpunk and self-custody company Casa co-founder Jameson Lopp created a list on GitHub documenting dozens of offline cryptocurrency theft cases, with 22 cryptocurrency-related offline theft incidents occurring this year to date. Many cryptocurrency industry professionals emphasize that anonymity is the only way to effectively protect holders and their close circles from so-called "$5 wrench attacks".

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