'Little evidence' that EU laws aided criminals in crypto kidnappings
Briefly

The recent abduction of a wealthy cryptocurrency entrepreneur's father in Paris underscores fears within the crypto community regarding safety. The attackers demanded a ransom and mutilated the victim as a warning. Concerns have emerged related to EU regulations requiring transparency, which some believe could make wealthy crypto holders more vulnerable to crimes. Industry leaders argue that these regulations create easily traceable digital footprints, attracting criminals. However, others dispute the link between these regulations and increasing attacks, suggesting there is insufficient evidence.
As fear spreads within France's crypto community, some industry figures are accusing the EU's landmark digital asset regulations of exposing holders to greater risk.
Stanislas Barthélemi, president of the French crypto lobbying group ADAN, expressed concerns that traceable digital footprints could enable criminals to identify wealthy targets.
Read at TNW | Data-Security
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