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While NFT Paris and RWA Paris 2026 were officially canceled on January 5, due to the collapse of the global cryptocurrency market and unsustainable costs, the rise in crypto-related violence added a worrying backdrop to the announcement.
France has reported more than 20 kidnappings and violent attacks targeting cryptocurrency professionals and their families since January 2025. This has created an atmosphere of fear in the country’s Web3 community.
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Four kidnapping attempts alone occurred in four days beginning in January 2026, prompting urgent warnings from figures in the cryptocurrency industry.
Raised too Questions about the security of holders of digital assets in FranceIt has been reported that recent incidents include the following:
- January 6, 2026: A woman was arrested and violently isolated by attackers looking for her partner’s digital assets at her home in Manosque, Alpes-de-Haute-Provence.
- January 6, 2026: Manoski Incident (USB cryptocurrency theft) – describes Another reports a similar case where masked gunmen tied up a woman and stole a USB drive containing encryption keys.
- January 9, 2026: An engineer was kidnapped from his home (Saint-Léger-sous-Chole, Maine-et-Loire).
- January 9, 2026: A cryptocurrency investor and his family were tied up and beaten at home (Vernoy-sur-Seine, Yvelines).
Sponsors of the NFT event in Paris have expressed frustration over non-refundable expenses, with some facing significant financial losses due to the sudden cancellation.
“The real reason NFT Paris was cancelled,” He declared Art market analyst Artmurt.
The art market analyst highlighted some Previous cases of seizure related to digital currencies BeInCrypto has reported on this in the past, citing a troubling timeline of incidents that spanned more than a year.
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And he has French authorities have sometimes thwarted kidnapping attempts. Police rescued a Swiss crypto professional in Valence and arrested several suspects in coordinated raids.
Despite these successes, many attackers remain at large, highlighting the ongoing security challenges for the country’s cryptography sector.
Industry whistleblower Farooq warned that government employees may have shared taxpayer data with criminal “sponsors,” directly linking tax returns to targeting cryptocurrency holders.
“We are now on 4 attempted seizures in 4 days in France after we discovered that a government employee was giving information about cryptocurrency taxpayers. If you are in the cryptocurrency space and filing your taxes + live in France, please be careful.” books Farouk.
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The alleged data leak has raised concerns about France’s requirements to report cryptocurrency holdings under anti-money laundering and tax regulations.
Security experts advise Use pseudonymsreduce online exposure, and avoid public disclosure of wallet information to reduce personal risk.
The cancellation of NFT in Paris highlights the industry’s challenges
NFT organizers in Paris cited the collapse of the market and rising costs as reasons for canceling the January 2026 event, and promised to refund all tickets.
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Sponsors have expressed frustration with non-refundable expenses, citing financial strain caused by sudden cancellations.
“As a sponsor, I also received the email that says: ‘In accordance with Clause 12 of our agreement, the non-refundable costs incurred by the event exceed the total sponsorship contributions received, so unfortunately we cannot offer a refund at this time.’ books One of the users.
While economic factors have been emphasized publicly, insiders suggest that the growing security crisis in the cryptocurrency community may have contributed to the cancellation decision.
The wave of seizures shows the vulnerabilities faced by cryptocurrency professionals in France and the ongoing challenges in protecting personal security and digital assets.
As authorities seek to strengthen protection and investigate criminal networks, The French Web3 sector is a fragile environment Market pressures and physical threats intersect.
