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Paris Kidnap Bid Highlights Crypto Data Security Risks

Paris
International Business Times Fews App News Provider
Fews App Post Time Hace 8h

Paris was the scene of a cryptocurrency-related attempted kidnapping last week AFP New regulations threaten the security of the personal data of cryptocurrency users and may expose them to "physical danger", the platform at the centre of last week's Paris kidnapping attempt has claimed. "A ticking time bomb," said Alexandre Stachtchenko, director of strategy at French platform Paymium, referring to the way information must now be collected during cryptocurrency transfers under EU rules. He did not directly link this to a kidnapping attempt on Tuesday which, according to a police source, targeted the daughter and grandson of Paymium's chief executive.

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