- Bajjou arrested in Tangiers for crypto-based kidnappings.
- High security costs impact crypto investors.
- Crypto asset protection demands increase sharply.
French-Moroccan national Badiss Mohamed Amide Bajjou was recently arrested in Tangiers, accused of orchestrating high-profile kidnappings targeting cryptocurrency figures in France and the United States.
The arrest of Bajjou highlights the danger faced by crypto figures, raising security costs and prompting global industry reactions.
French-Moroccan national Badiss Mohamed Amide Bajjou’s arrest in Tangiers marks a significant development in the ongoing “Crypto Kidnap” crisis. Bajjou is linked to multiple kidnappings of crypto executives and their families. Authorities in France and Morocco collaborated for Bajjou’s capture, pointing to a concerted international effort to address these crimes. The financial market has reacted adversely, with increased emphasis on private security and a surge in privacy technologies to protect key crypto figures.
“We’ve seen a concerning escalation in threats against high-net-worth individuals in the crypto sector, reflecting the challenge of protecting purely digital wealth from very physical threats.” — Peter Bransden, Head of Global Kidnap & Ransom, WTW, June 4, 2025
Increased security concerns have affected investments, leading to higher private protection expenses for key industry players. This incident highlights the risks faced by cryptocurrency executives and their families, and the potential long-term implications for the crypto market continue to evolve. Financial shifts and regulatory actions could increase, particularly in France and the United States, where prosecution of such crimes is intensifying. The arrest is expected to prompt further security measures within the crypto community, highlighting the importance of protecting digital wealth from physical threats. Authorities stress the need for enhanced cross-border collaboration to tackle the growing security challenges posed by crypto-related crimes.
