The arrest of Bajjou Badiss Mohamed AmiDe in Morocco underscores the growing safety concerns in the cryptocurrency sector amid a rise in kidnapping incidents.
Moroccan police arrested Bajjou Badiss Mohamed AmiDe, a 24-year-old dual-national, for allegedly orchestrating kidnappings of French cryptocurrency entrepreneurs, including Ledger co-founder David Balland. He is wanted by Interpol for organized crime, kidnapping, and extortion. Following a rise in crypto-related kidnappings, French authorities are enhancing security measures for affected individuals. The suspect was found with multiple knives and several mobile phones at the time of his arrest, which was made at the request of French law enforcement.