Tuesday, September 15, 2026 BTC -- / --
🔍

French crypto millionaires tortured in London

Make CryptoTips a preferred source on Google

For several years, French crypto millionaires have been a prime target for criminals. Typically, young individuals who have become millionaires through investments in Bitcoin or other altcoins are actively tracked via their social media posts by criminals. In London this week, a jury found six men guilty of the kidnapping, torture, and blackmail of two unnamed French crypto millionaires.

Cannabis

The case centred on two French men in their twenties, unnamed during the trial and described in court as crypto-millionaires, who travelled to London back in July 2025. According to the prosecution, they were targeted after sharing images of their lavish lifestyles on social media.

Evidence presented to the Inner London Crown Court revealed that the two men drove from Kensington to East London to buy cannabis one evening. There they walked into a trap set by three masked criminals armed with guns.

The victims were forced into a rented Mercedes and taken to an apartment in London, where they were held captive for more than two days. Prosecutor Heidi Stonecliffe KC described their treatment as “cold and ruthless torture.”

The jury heard how the men were bound with tape and repeatedly assaulted, burned with cigarettes, and scalded with boiling water on various parts of their bodies.

According to the prosecution, this was part of a prolonged and violent kidnapping driven by the perpetrators’ desire for financial gain.

Unfortunately, this is nothing new. “Crypto-kidnapping” has been a problem in France for some time now.

Summarize this article with AI

Not financial advice. CryptoTips We are not a financial advisor and the content on this website is not financial advice. All information on this website is informative and not a recommendation to buy or sell anything. Consult an expert when making financial decisions and only invest money you can afford. You are responsible for your own investments. We use affiliate referrals and may receive commissions for these. Read our full disclaimer.

Affiliate disclosure. Some links on this site are partner/affiliate links. If you sign up with a partner through such a link, we may receive a commission at no extra cost to you. This never influences our reporting. Read our editorial guidelines.

More News

More news ›