The four attackers held the victims overnight before France's elite GIGN police unit rescued them from a hotel room in Val-de-Marne on Tuesday around 6am, according to the report.
The kidnappers reportedly seized about $17,800 (€10,000) in cash and valuables after tying up the father, a crypto entrepreneur, and threatening him with mutilation.
Upon discovering that the family’s crypto holdings were held in a time-locked wallet, the attackers abducted the woman and child, demanding a $400,000 (€340,000) ransom. The ransom was not paid before the launch of the rescue operation, which saw 100 gendarmes including GIGN members mobilized.
The mother and son are in good health following their ordeal, according to authorities.
Crypto kidnappings in FranceFrench Police Arrest Six After Magistrate Kidnapped in Crypto Ransom Case
