Paris Kidnap offer emphasizes the crypto data risks

The new regulations endanger the safety of creptocurrency users and can expose them for “physical danger”, on the platform in the center of last week’s abduction attempt.

“Time bomb ticking,” said Aleksandra Stachtchenko, a strategy director on the French Platform Paimium, which is now in which the information must now be collected during the transfer of cryptocurrency in the EU rules.

It did not connect it directly to the attempted abduction on Tuesday, which, according to the police source, aimed at the daughter and grandchildren of the Executive Director of Paimium.

“If there is a leak of one of these databases from which I can detect who has money and where they live, then the next day is on dark netAnd the day after someone beyond your home, “Stachtchenko said.

Data theft is common. On Thursday, the leading exchange of cryptocurrencens in the United States, coins, said that criminals were bribed and ran into digital asset theft from their users, and then tried to blackmail the exchange to blackmail.

Instead of paying, Kointbase informed American regulators about theft and made plans to spend between $ 180 million and $ 400 million to compensate the victims and treat situation.

Name and address

After attempting to the abduction, Paimium issued a statement of authority to immediately reinforce the protection of companies within the sector, after other similar incidents this year.

Founded in 2011. years and is represented as a European Bitcoin Trading Pioneer, Paimium also stated “very dangerous aspects of certain financial regulations, was recently adopted or under construction.”

Added, “with an unprecedented organization of mass and sometimes disproportional collection of personal data, public authorities contribute to putting the physical security of millions of cryptocurrency in France and widely in Europe, at risk.”

In its sights are the rules that entered into force in late 2024. years and which has expanded travel rule established for traditional financial transfers to include crypto property.

The rules now require the platforms collect the user details and, in turn, transfer certain customer information for the receiving institution, including the name and mailing address.

The “Customer’s Crypt Cryptocurnost Cryphanity Cryphanity, which shows details of their account and transactions, said Stachtchenko, was also disclosed.

Such sensitive data is sometimes uncertainly exchanged and kept uncertain by certain players.

Production of regulatory changes for tightening the rules on the crypto sector The goal “Prevention of the financial system to be used for corruption, money launderingDrug trade “among other criminal activities said Sarah Company, a lawyer who specializes in digital property.

‘Nouveau riche’

Data collection is performed by the parties, including banks, Insurance companies and Crypto-Service providers, who have “monitored” and susceptible to severe “security obligations, especially its and cyberner,” said William O’RORKE, a lawyer in the CRIPTOCURRENCI firmi Orvl.

In 2027. European money laundering regulations to fight money will limit the use of wallet and cryptocurrency that allow owners to remain anonymous.

The following is a French law adopted last month to fight Narcotraffing, which targets anonymized devices such as cryptocurrency “mixers” used to establish funds.

There are many “legitimate interests” in the fact that such tools, however, said Cyber-expert Renaud Lifchitz.

He noted that journalists sometimes use them, or activists opposed authoritarian regimes controlling the traditional banking system.

The debate is more “political” than “related to security,” O’Rorke claimed.

Recent kidnappings and attempted abstracts can be explained above all “somewhat Nouveau Riche” and “poorly prepared” cryptocurnancy sector, he said.

Since 2014. year, the Jameson Ball programmer recorded 219 physical attacks cryptocurrency Users.

© 2025 AFP