{"id":4574,"date":"2025-09-20T10:39:54","date_gmt":"2025-09-20T10:39:54","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/20\/binance-founder-changpeng-zhao-warns-france-is-going-downhill-amid-crypto-kidnappings\/"},"modified":"2025-09-20T10:39:54","modified_gmt":"2025-09-20T10:39:54","slug":"binance-founder-changpeng-zhao-warns-france-is-going-downhill-amid-crypto-kidnappings","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/20\/binance-founder-changpeng-zhao-warns-france-is-going-downhill-amid-crypto-kidnappings\/","title":{"rendered":"Binance founder Changpeng Zhao Warns France Is \u201cGoing Downhill\u201d Amid Crypto Kidnappings"},"content":{"rendered":"<p>The post <a href=\"https:\/\/coinpedia.org\/news\/binance-founder-changpeng-zhao-warns-france-is-going-downhill-amid-crypto-kidnappings\/\">Binance founder Changpeng Zhao Warns France Is \u201cGoing Downhill\u201d Amid Crypto Kidnappings<\/a> appeared first on <a href=\"https:\/\/coinpedia.org\">Coinpedia Fintech News<\/a><\/p>\n<p><a href=\"https:\/\/x.com\/cz_binance\/status\/1969261735820308668\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Changpeng Zhao<\/a> (CZ), the former CEO of <a href=\"https:\/\/coinpedia.org\/exchange\/binance-review\/\" target=\"_blank\" rel=\"noreferrer noopener\">Binance<\/a>, has raised concerns about the state of France, saying the country has gone \u201cdownhill\u201d in recent years. His remarks highlight growing unease around rising security risks, high-profile arrests, and increasing pressure on the crypto industry within the European Union\u2019s second-largest economy.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-rising-crypto-kidnappings\"><strong>Rising Crypto Kidnappings<\/strong><\/h2>\n<p>One of CZ\u2019s biggest <a href=\"https:\/\/x.com\/cz_binance\/status\/1969259844520591430\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">concerns <\/a>stems from the wave of <a href=\"https:\/\/coinpedia.org\/beginners-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrency<\/a>-related kidnappings that have gripped France. Earlier this year, Ledger co-founder David Balland was abducted from his home, with kidnappers demanding a \u20ac10 million ransom. Balland\u2019s ordeal turned violent, with his captors severing one of his fingers before French security forces intervened.<\/p>\n<p>The troubles didn\u2019t stop there. In May, the father of a cryptocurrency millionaire was taken hostage, while in a separate incident, masked attackers attempted to abduct the daughter of Paymium CEO Pierre Noizat along with her child. Authorities have since charged around 25 people linked to these crimes and have rolled out new security protocols for crypto professionals.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-high-profile-arrests-add-to-tensions\"><strong>High-Profile Arrests Add to Tensions<\/strong><\/h3>\n<p>Beyond kidnappings, France also drew international attention after the controversial arrest of Telegram CEO Pavel Durov in August. The move sparked debate about regulatory overreach in Europe and raised questions about the balance between law enforcement and privacy in the digital age.<\/p>\n<p>            .article-inside-link {<br \/>\n                margin-left: 0 !important;<br \/>\n                border: 1px solid #0052CC4D;<br \/>\n                border-left: 0;<br \/>\n                border-right: 0;<br \/>\n                padding: 10px 0;<br \/>\n                text-align: left;<br \/>\n            }<\/p>\n<p>            .entry ul.article-inside-link li {<br \/>\n                font-size: 14px;<br \/>\n                line-height: 21px;<br \/>\n                font-weight: 600;<br \/>\n                list-style-type: none;<br \/>\n                margin-bottom: 0;<br \/>\n                display: inline-block;<br \/>\n            }<\/p>\n<p>            .entry ul.article-inside-link li:last-child {<br \/>\n                display: none;<br \/>\n            }<\/p>\n<ul class=\"article-inside-link\">\n<li><span>Also Read : <\/span><\/li>\n<li> &nbsp; <a href=\"https:\/\/coinpedia.org\/news\/michael-saylor-explains-why-bitcoins-boring-market-is-actually-bullish\/\" target=\"_blank\">Michael Saylor Explains Why Bitcoin\u2019s \u201cBoring\u201d Market Is Actually Bullish<\/a><\/li>\n<li>&nbsp;  &#044;<\/li>\n<\/ul>\n<p>Adding to the tension, French regulators launched a probe into Binance itself in early 2025, signaling that scrutiny of the crypto industry remains intense. For CZ, these developments paint a picture of a nation struggling with both crime and regulation in the digital asset space.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-notre-dame-reopens-amid-criticism\"><strong>Notre-Dame Reopens Amid Criticism<\/strong><\/h3>\n<p>Interestingly, CZ\u2019s comments came just as France celebrated the reopening of Notre-Dame\u2019s twin towers. The restoration followed the devastating fire of 2019, with Binance among the early donors to the project. While CZ praised the reopening, saying he was glad to see the landmark restored, his overall tone remained cautious. He expressed hope that such cultural milestones could contribute to a safer and more united France, even if only in a symbolic way.<\/p>\n<p>France\u2019s dual reality is hard to ignore, on one hand, a proud moment with the restoration of one of Europe\u2019s most iconic landmarks, and on the other, an unsettling wave of kidnappings and regulatory uncertainty. CZ\u2019s critique underscores how intertwined crypto\u2019s future has become with broader issues of governance, security, and trust in France\u2019s role as a European leader.<\/p>\n<p>        .article_register_shortcode {<br \/>\n            padding: 18px 24px;<br \/>\n            border-radius: 8px;<br \/>\n            display: flex;<br \/>\n            align-items: center;<br \/>\n            margin: 6px 0 22px;<br \/>\n            border: 1px solid #0052CC4D;<br \/>\n            background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%);<br \/>\n        }<\/p>\n<p>        .article_register_shortcode .media-body h5 {<br \/>\n            color: #000000;<br \/>\n            font-weight: 600;<br \/>\n            font-size: 20px;<br \/>\n            line-height: 22px;<br \/>\n\t\t\ttext-align:left;<br \/>\n        }<\/p>\n<p>        .article_register_shortcode .media-body h5 span {<br \/>\n            color: #0052CC;<br \/>\n        }<\/p>\n<p>        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Thank you for being part of our community!<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>`;<br \/>\n                                    unsubscribemodal.innerHTML = unsubcribedPopUpmodal;<br \/>\n                                    document.querySelector(&#8216;#subscribe-modal-design .modal&#8217;).style.display = &#8216;none&#8217;;<br \/>\n                                    unsubscribemodal.style.display = &#8216;block&#8217;;<br \/>\n                                    unsubscribemodal.classList.remove(&#8216;hide&#8217;);<br \/>\n                                    unsubscribemodal.classList.add(&#8216;show&#8217;);<br \/>\n                                    document.getElementById(&#8216;subscribe_&#8217; + categoryid).style.display = &#8216;block&#8217;;<br \/>\n                                    document.getElementById(&#8216;unsubscribe_&#8217; + categoryid).style.display = &#8216;none&#8217;;<br \/>\n                                    var showDownloadReport = document.getElementById(&#8216;download_report&#8217;);<br \/>\n                                    if (showDownloadReport) {<br \/>\n                                        showDownloadReport.style.display = &#8216;none&#8217;;<br \/>\n                                    }<\/p>\n<p>                                } else {<\/p>\n<p>                                    var subscribedPopupModal = <\/p>\n<p>                                    `<\/p>\n<div class=\"modal-dialog modal-dialog-right\">\n<div class=\"modal-content\">\n<p>                                            <span class=\"iframe-close-btn\"><\/p>\n<p>                                            <\/span><\/p>\n<h3 class=\"subscribe-title\">Thank you for subscribing!<\/h3>\n<p>Thank you for subscribing to our crypto and blockchain newsletter! You\u2019ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community!<\/p>\n<\/p><\/div>\n<p>`;<\/p>\n<p>                                    let selectedSubscriptionsArray = selectedSubscriptionsString.split(&#8216;,&#8217;);<br \/>\n                                    let subscribedCategories = selectedSubscriptionsArray.map(subscription =&gt; subscription.split(&#8216;_&#8217;)[0]);<br \/>\n                                    let subscribedCategoriesString = subscribedCategories.join(&#8216;, &#8216;);<\/p>\n<p>                                    subscribedmodal.innerHTML = subscribedPopupModal;<br \/>\n                                    if (document.getElementById(&#8216;selectidname&#8217;)) {<br \/>\n                                        document.getElementById(&#8216;selectidname&#8217;).textContent = subscribedCategoriesString;<br \/>\n                                    }<\/p>\n<p>                                    document.querySelector(&#8216;#subscribe-modal-design .modal&#8217;).style.display = &#8216;none&#8217;;<br \/>\n                                    subscribedmodal.style.display = &#8216;block&#8217;;<br \/>\n                                    subscribedmodal.classList.remove(&#8216;hide&#8217;);<br \/>\n                                    subscribedmodal.classList.add(&#8216;show&#8217;);<br \/>\n                                    document.getElementById(&#8216;subscribe_&#8217; + categoryid).style.display = &#8216;none&#8217;;<br \/>\n                                    document.getElementById(&#8216;unsubscribe_&#8217; + categoryid).style.display = &#8216;block&#8217;;<br \/>\n                                    var showDownloadReport = document.getElementById(&#8216;download_report&#8217;);<br \/>\n                                    if (showDownloadReport) {<br \/>\n                                        showDownloadReport.style.display = &#8216;block&#8217;;<br \/>\n                                    }<\/p>\n<p>                                }<\/p>\n<p>                            } catch (e) {<br \/>\n                                console.error(&#8216;Error parsing response:&#8217;, e);<br \/>\n                            }<br \/>\n                        },<\/p>\n<p>                    });<br \/>\n                }<\/p>\n<p>                function closeModal(template_id) {<br \/>\n                    var modalId = template_id;<br \/>\n                    var modal = document.querySelector(&#8216;#&#8217; + modalId); \/\/ Using querySelector to find the modal<\/p>\n<p>                    if (modal) {<br \/>\n                        modal.classList.add(&#8216;hide&#8217;);<br \/>\n                        modal.classList.remove(&#8216;show&#8217;);<br \/>\n                        setTimeout(function() {<br \/>\n                            modal.style.display = &#8216;none&#8217;;<br \/>\n                        }, 500);<\/p>\n<p>                    } else {<br \/>\n                        console.warn(&#8216;Modal not found:&#8217;, modalId);<br \/>\n                    }<br \/>\n                }<\/p>\n<p>                function closeunsubscribemodal() {<br \/>\n                    var unsubscribemodal = document.querySelector(&#8216;.unsubscribed-popup-modal .modal&#8217;);<\/p>\n<p>                    if (unsubscribemodal) {<br \/>\n                        unsubscribemodal.classList.add(&#8216;hide&#8217;);<br \/>\n                        unsubscribemodal.classList.remove(&#8216;show&#8217;);<br \/>\n                    }<br \/>\n                    setTimeout(function() {<br \/>\n                         unsubscribemodal.style.display = &#8216;none&#8217;;<br \/>\n                     }, 500);<br \/>\n                }<\/p>\n<p>                function closesubscribemodal() {<br \/>\n                    var subscribedmodal = document.querySelector(&#8216;.subscribed-popup-modal .modal&#8217;);<br \/>\n                    setTimeout(function() {<br \/>\n                     subscribedmodal.style.display = &#8216;none&#8217;;<br \/>\n                    }, 500);<br \/>\n                    if (subscribedmodal) {<br \/>\n                        subscribedmodal.classList.add(&#8216;hide&#8217;);<br \/>\n                        subscribedmodal.classList.remove(&#8216;show&#8217;);<br \/>\n                    }<br \/>\n                }<\/p>\n<p>            function withoutLoginClicked(withoutlogin_id) {<\/p>\n<p>                    localStorage.setItem(&#8216;subscribe_without_Login&#8217;, &#8216;true&#8217;);<br \/>\n                    localStorage.setItem(&#8216;subscribe_clicked_id&#8217;, withoutlogin_id);<br \/>\n                }<\/p>\n<p>                    document.addEventListener(&#8216;DOMContentLoaded&#8217;, function() {<\/p>\n<p>                const subscribewithoutData = localStorage.getItem(&#8216;subscribe_without_Login&#8217;);<br \/>\n                const subscribe_clicked_cat_id = localStorage.getItem(&#8216;subscribe_clicked_id&#8217;);<\/p>\n<p>                \/\/ Function to get cookies<br \/>\n                function getCookie(name) {<br \/>\n                    let value = &#8220;; &#8221; + document.cookie;<br \/>\n                    let parts = value.split(&#8220;; &#8221; + name + &#8220;=&#8221;);<br \/>\n                    if (parts.length == 2) return parts.pop().split(&#8220;;&#8221;).shift();<br \/>\n                }<\/p>\n<p>                \/\/ Get user token from cookies<br \/>\n                const userToken = getCookie(&#8216;user_token&#8217;);<\/p>\n<p>                if (subscribewithoutData === &#8216;true&#8217; &amp;&amp; userToken) {<br \/>\n                    \/\/ Call the modal function with the category ID<br \/>\n                    subscribed_popupmodal(subscribe_clicked_cat_id);<\/p>\n<p>                    \/\/ Remove the flag and category ID from localStorage<br \/>\n                    localStorage.removeItem(&#8216;subscribe_without_Login&#8217;);<br \/>\n                    localStorage.removeItem(&#8216;subscribe_clicked_id&#8217;);<br \/>\n                }<br \/>\n            });<\/p>\n<p>\t\t\/************************** update susbcriber content **************************** *\/<br \/>\n            function initializeSubscriptionButton() {<br \/>\n                var initialListItems = document.querySelectorAll(&#8216;.subscription-options input[type=&#8221;checkbox&#8221;]&#8217;);<br \/>\n                initialListItems.forEach(function(item) {<br \/>\n                    console.log(item.checked, &#8216;Initial Checkbox checked status&#8217;);<br \/>\n                });<\/p>\n<p>                var listItems = document.querySelectorAll(&#8216;.subscription-options li&#8217;);<br \/>\n                if (listItems.length === 0) return;<\/p>\n<p>                var anyActive = false;<br \/>\n                listItems.forEach(function(item) {<br \/>\n                    var checkbox = item.querySelector(&#8216;input[type=&#8221;checkbox&#8221;]&#8217;);<br \/>\n                    if (checkbox) {<br \/>\n                        if (checkbox.checked) {<br \/>\n                            item.classList.add(&#8216;active&#8217;);<br \/>\n                            anyActive = true; \/\/ Set anyActive to true<br \/>\n                        } else {<br \/>\n                            item.classList.remove(&#8216;active&#8217;); \/\/ Remove &#8216;active&#8217; class if checkbox is unchecked<br \/>\n                        }<br \/>\n                    }<br \/>\n                });<\/p>\n<p>            }<\/p>\n<p>            function updateButtonText(anyActive) {<br \/>\n                var subscribeButtonSpan = document.querySelector(&#8216;.subscribe-submit .changeBtnText&#8217;);<br \/>\n                if (subscribeButtonSpan) {<br \/>\n                    if (anyActive) {<br \/>\n                        subscribeButtonSpan.textContent = &#8216;Subscribe Now&#8217;;<br \/>\n                    } else {<br \/>\n                        subscribeButtonSpan.textContent = &#8216;Unsubscribe&#8217;;<br \/>\n                    }<br \/>\n                }<br \/>\n            }<\/p>\n<p>            function updateSubscriptionButton() {<br \/>\n                var listItems = document.querySelectorAll(&#8216;.subscription-options li&#8217;);<br \/>\n                if (listItems.length === 0) return;<\/p>\n<p>                var anyActive = false;<br \/>\n                listItems.forEach(function(item) {<br \/>\n                    var checkbox = item.querySelector(&#8216;input[type=&#8221;checkbox&#8221;]&#8217;);<br \/>\n                    if (checkbox) {<br \/>\n                        if (checkbox.checked) {<br \/>\n                            item.classList.add(&#8216;active&#8217;);<br \/>\n                            anyActive = true; \/\/ Set anyActive to true<br \/>\n                        } else {<br \/>\n                            item.classList.remove(&#8216;active&#8217;); \/\/ Remove &#8216;active&#8217; class if checkbox is unchecked<br \/>\n                        }<br \/>\n                    }<br \/>\n                }); <\/p>\n<p>            \/\/ Update the button text based on whether any list item has the &#8216;active&#8217; class<br \/>\n            updateButtonText(anyActive);<br \/>\n        }<br \/>\n        document.addEventListener(&#8216;click&#8217;, function(event) {<br \/>\n            var clickedItem = event.target.closest(&#8216;.subscription-options li&#8217;);<br \/>\n            if (clickedItem) {<br \/>\n                var checkbox = clickedItem.querySelector(&#8216;input[type=&#8221;checkbox&#8221;]&#8217;);<br \/>\n                if (checkbox) {<br \/>\n                    checkbox.checked = !checkbox.checked;<br \/>\n                    updateSubscriptionButton();<br \/>\n                }<br \/>\n            }<br \/>\n        });<\/p><\/div>\n<\/p><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-faqs\">FAQs<\/h2>\n<div class=\"schema-faq wp-block-yoast-faq-block\">\n<div class=\"schema-faq-section\" id=\"faq-question-1758364030440\"><strong class=\"schema-faq-question\"><strong>Why is France facing a rise in crypto-related kidnappings?<\/strong><\/strong> <\/p>\n<p class=\"schema-faq-answer\">France has seen a surge in crypto kidnappings due to wealthy crypto holders attracting criminals seeking high ransoms.<\/p>\n<\/p><\/div>\n<div class=\"schema-faq-section\" id=\"faq-question-1758364031710\"><strong class=\"schema-faq-question\"><strong>What high-profile arrests have affected the crypto industry in France?<\/strong><\/strong> <\/p>\n<p class=\"schema-faq-answer\">Arrests like Telegram CEO Pavel Durov\u2019s have raised concerns about privacy, regulation, and increased scrutiny of crypto businesses.<\/p>\n<\/p><\/div>\n<div class=\"schema-faq-section\" id=\"faq-question-1758364379041\"><strong class=\"schema-faq-question\">What measures are in place to protect crypto professionals in France?<\/strong> <\/p>\n<p class=\"schema-faq-answer\">French authorities have introduced new security protocols for crypto executives after several high-profile abductions.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The post Binance founder Changpeng Zhao Warns France Is \u201cGoing Downhill\u201d Amid Crypto Kidnappings appeared&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4575,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=4574"}],"version-history":[{"count":0,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/media\/4575"}],"wp:attachment":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=4574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=4574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=4574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}