Jonathan Levin, a chainalysis CEO, says some criminal organizations have not yet received memo and encryption can explain the recent kidnapping of encryption.
Levin said at the 2025 consensus encryption conference that COINTELEGRAPH was more and more successful in tracking the stolen funds and password ransom payments at the 2025 consensus encryption conference.
“For any reason encryption is an unacceptable asset and there is a perception of lending to criminals who actually act in a particular way.”
“I learned that encryption could not be tracked, and it was not actually received by some of the organized criminal groups that actually commit this attack, and some of them are concentrated in France, but are not exclusively.”
This month, Paris had two serious passwords. On May 13, three offenders attempted to kidnap the daughter and grandson of Pierre Noizat, co -founder and CEO of the French cryptocurrency exchange.
Earlier this month, on May 3, the Paris police liberated the father of cryptocurrency entrepreneurs for several days, as part of the plot of the kidnapping of 7 million euros ($ 7.8 million). The attack has encountered encryption experts and has a security issue.
Last year, the blockchain investigator ZACHXBT was alerted in October that it was receiving a message from several victims of Crypto Home InvaSion Thefts in Western Europe.
Levin said, “This message is that these payments can be tracked and that these units in the law enforcement agency have actually been successful in explaining this kidnapping case.
“And even if you are not kidnapping them, you are upstream of organized criminal groups that actually coordinate these people.”
The online trimmer Amourant was a victim of the invasion of housing when several armed attackers grabbed her from the muzzle in March 2025 and demanded the key to the cryptocurrency, and four suspects were accused of the case and arrested by the law enforcement.
https://www.youtube.com/watch?v=HF08SO8TLEI
Kidnapping of encryption “It’s not such a profitable business”
Levin said it is not particularly profitable projects from encryption robbers arrested by organized crimes, and in some cases, ransom payments can be recovered.
“I have the ability to potentially recover some of these payments. In general, the goal here is not necessarily a recovery of money, but I think it is considering them.”
But even though Levin has had some success in tracking criminals aimed at the cryptocurrency industry, the spite of offline robbery is still a “desolate” situation and the industry should take additional measures to prevent theft.
“People should be very careful about what information is shared online.”
relevant: The youth kidnapped Las Vegas steals $ 4 million in men and encryption in muzzles.
According to a list of GitHub, created by Cypherpunk, according to the co -founder of Jameson Lopp, a self -east company, there are 22 encryption -related stoles this year compared to 28 in 2024.
But the number may be higher. According to the Cambridge University study published in September last year, the so -called “wrench attack” is often stored due to recovery fear.
Additional report of Vince Quill.
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