Masked assailants attempt kidnapping of Paymium CEO’s family in Paris; thwarted by victims.
- Kidnap attempt on CEO Pierre Noizat’s family in Paris.
- Failed kidnapping; victims resisted, bystanders helped.
- Highlights ongoing security risks for crypto executives.
Masked assailants attempted to kidnap the daughter and grandson of Paymium CEO Pierre Noizat in Paris on May 13, 2025, foiled by their resistance and bystander intervention.
This incident underscores growing security concerns for cryptocurrency executives and mirrors recent kidnappings in Europe without affecting Paymium or crypto markets.
Paymium CEO’s Family Foils Paris Kidnapping
On May 13, 2025, in Paris’ 11th arrondissement, masked attackers tried to abduct Pierre Noizat’s daughter and grandson. Passersby and her partner thwarted the attempt, preventing potential harm. A local police representative remarked, “This serious organized crime attempt reflects the growing security risks faced by individuals known to have significant cryptocurrency holdings.”
Pierre Noizat co-founded Paymium, a French cryptocurrency exchange launched in 2011. Known as a Bitcoin trading pioneer, Noizat’s involvement underscores the security threat due to visible industry connections.
Crypto Executives’ Safety Under Spotlight After Incident
The incident has not impacted financial markets or Paymium directly. Instead, it has raised concerns regarding the personal safety of cryptocurrency executives and their families, necessitating precautionary measures.
Industry reactions, led by figures like Michael Englander, emphasize the real-world risks associated with public personas. Englander noted, “If you’re in crypto and still flaunting it online, you’re not just stupid, you’re putting your family in danger.”
Pattern of High-Profile Crypto Targeting Intensifies
This attempt follows a pattern of targeted attacks on crypto executives in Europe, exemplified by a similar case involving another executive’s family in Paris earlier this month, demanding security enhancements. Experts suggest the increase in physical risks for industry leaders could lead to reduced public presence or heightened security protocols, mirroring trends seen in sectors with high-value targets.
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