International

Crypto executives in France targeted by wave of violent kidnappings

After having cut off one of their hostage’s fingers, the kidnappers were preparing to drill into one of his knees, according to France’s Interior Minister. The swift action of French police saved the hostage — the father of a wealthy cryptocurrency entrepreneur — from the horrifying situation.

While the incident earlier this month ended with a police raid and the arrest of seven suspects, this and other abductions have shaken France’s cryptocurrency industry.

This week, following another attempted crypto-related kidnapping in the heart of Paris, the wave of violence has also become a political issue for President Emmanuel Macron’s government — and particularly for Interior Minister Bruno Retailleau, who is maneuvering for a possible presidential bid in the 2027 election.

Retailleau held a private meeting on Friday with cryptocurrency business owners to discuss their safety and prevent further damage to his tough-on-crime image, as well as Macron’s broader efforts to brand France as a hub for cutting-edge tech and innovation. His ministry urged journalists not to film participants “for security reasons,” describing the meeting as “strictly confidential” — a sign of how months of extortion attempts have put the crypto sector on edge.

A Kidnapping Attempt in Broad Daylight

On Tuesday, several masked men attempted to drag the daughter of a crypto entrepreneur into a van during a brazen abduction attempt in Paris. In video footage taken by witnesses, the men can be seen struggling with the woman and her husband as they clung to each other on the ground, shouting “Help! Help!” A shopkeeper intervened by grabbing a fire extinguisher and hurling it at the attackers’ vehicle, prompting them to flee.

20260224_estafa_mh_728x90

The woman’s father, Pierre Noizat, is the CEO and founder of Bitcoin exchange platform Paymium. Speaking to BFMTV on Friday, the businessman harshly criticized French politicians and judges for what he described as their “lack of action.” He said his son-in-law required stitches after being injured while resisting the attackers.

Noizat also expressed concern that wealthy businesspeople from other sectors could become targets next, saying: “I believe this is just the beginning if nothing is done.”

Éric Larchevêque, another crypto entrepreneur whose business partner and wife were kidnapped in January and who attended Friday’s meeting, warned: “All entrepreneurs — and the image of France — are at risk.”

International

IEA warns Middle East conflict could spark worst energy crisis in decades

The ongoing conflict in the Middle East could trigger the worst energy crisis in decades, warned Fatih Birol, head of the International Energy Agency (IEA), who described the situation as “very serious.”

Speaking at the National Press Club in Canberra, Birol compared the current scenario to the oil crises of the 1970s, noting that during those events the world lost around five million barrels of oil per day in each crisis.

“Today, we have lost 11 million barrels per day—more than the two major oil shocks combined,” he said.

The Turkish economist referred to the conflict that began on February 28, following attacks by the United States and Israel against Iran, which have significantly disrupted global energy markets and driven oil prices higher.

Birol warned that the global economy is facing a “very, very serious threat” and expressed hope that the crisis will be resolved soon.

20260224_estafa_mh_728x90

“No country will be immune to the effects of this crisis if it continues in this direction. Global efforts are urgently needed,” he emphasized.

International

Colombian Air Force Hercules plane crashes during takeoff with troops onboard

A Lockheed C-130 Hercules operated by the Colombian Air Force was involved in a “tragic accident” while taking off from Puerto Leguízamo, in the Putumayo department of southern Colombia, as it was transporting troops, Defense Minister Pedro Sánchez reported on Monday.

The minister stated on social media that the exact number of victims and the causes of the crash have not yet been determined. He also extended his condolences to the families affected and urged the public to avoid speculation until official information is confirmed.

“This is a deeply painful event for the country. Our prayers are with the victims and their families,” Sánchez said, adding that emergency protocols have been activated and an investigation is underway.

Meanwhile, President Gustavo Petro expressed hope that there would be no fatalities in what he described as a “horrific accident that should not have happened.”

Petro also highlighted ongoing efforts to modernize the country’s air fleet and reiterated the need to acquire new helicopters and transport aircraft to strengthen military mobility, particularly in remote regions.

20260224_estafa_mh_728x90

According to local media reports, approximately 110 soldiers were on board the aircraft. So far, at least 20 injured military personnel have been rescued.

International

Paris prosecutors alert U.S. over alleged deepfake strategy linked to Elon Musk

The Paris Prosecutor’s Office said on Saturday that it had alerted authorities in the United States over suspicions that tech entrepreneur Elon Musk may have encouraged the spread of sexualized deepfake content on the social platform X to artificially boost the company’s valuation.

According to prosecutors, the controversy surrounding explicit AI-generated videos—reportedly linked to Grok, the platform’s artificial intelligence system—may have been deliberately triggered to increase the market value of X and X AI.

The office added that the alleged strategy could be tied to the planned June 2026 public listing of a new entity formed through the merger of SpaceX and X AI.

French authorities said they contacted the U.S. Department of Justice as well as legal representatives at the U.S. Securities and Exchange Commission (SEC) earlier this week to share their concerns.

Responding on X in French to a report about the case, Musk referred to French prosecutors using an offensive term.

20260224_estafa_mh_728x90

When contacted, X’s legal representative in France did not immediately comment.

Grok, the platform’s AI system, has its own account on X, allowing users to interact with it or request content generation. For a period, users were able to tag the bot in posts to generate or edit images, a feature that may have facilitated the spread of such material.