France Crypto Kidnapping: 6 Arrests and JOE Risk

JOE

JOE/USDT

$0.0387
-3.73%
24h Volume

$571,272.13

24h H/L

$0.0410 / $0.0384

Change: $0.002600 (6.77%)

Data provided by COINOTAG DATALive data
JOE
JOE
Daily

$0.0387

-4.44%

Volume (24h): -

Resistance Levels
Resistance 3$0.0659
Resistance 2$0.0428
Resistance 1$0.0403
Price$0.0387
Support 1$0.0379
Support 2$0.0325
Support 3$0.008700
Pivot (PP):$0.0392
Trend:Downtrend
RSI (14):28.9
(11:57 AM UTC)
3 min read

Contents

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French police arrested six people, including a minor, in connection with the kidnapping of a 35-year-old judge who is a partner of a crypto entrepreneur and her 67-year-old mother. According to a report by France 24 citing AFP, a crypto ransom was demanded from the entrepreneur and threat messages were sent. The women were held in a garage in the Drôme region for about 30 hours before managing to escape without the ransom being paid.

Details of Crypto Ransom Kidnappings in France

This incident shows that crypto-related kidnappings in France are rapidly increasing. In 2025, 25 suspects were tried. An attempt to kidnap the daughter and granddaughter of Paymium CEO Pierre Noizat was thwarted by police. Ledger wallet founder David Balland's finger was severed in a wrench attack. Bitcoin advocate Jameson Lopp noted that 8 out of 10 wrench attacks recorded in 2026 occurred in France.

Shocking Statistic from Kevin Loaec: A Kidnapping Every 2 Days

Kidnappings happening every 2 days
Kidnappings “happening every 2 days.” Source: Kevin Loaec

Developer Kevin Loaec emphasized that kidnappings are happening every two days and that penalties are insufficient. Joe Nakamoto advised doxxed crypto owners to leave France. The problem is global; the US has recorded the most cases.

Joe Nakamoto's Warnings and Crypto Security

For JOE detailed analysis, Joe Nakamoto's recommendations are critical. Doxxed wallet owners should engage in geographic diversification against physical risks. These incidents highlight hedging strategies with tools like JOE futures.

JOE Price: Downtrend and Support Levels

According to today's data, JOE price is at $0.04 level, 24h change -%6.28. RSI 27.50 gives oversold signal. Trend downtrend, Supertrend bearish. EMA 20: $0.0464.

LevelPriceScoreDistanceSources
S1$0.032576/100 ⭐ STRONG-12.87%Fibo 0.000, Donchian Lower
R1$0.042566/100 ⭐ STRONG+13.94%Fibo 0.114, Prev Day High
R2$0.038864/100 ⭐ STRONG+4.02%Prev Day Close, Ichimoku

Investors should watch S1 $0.0325; in case of breakout, short positions may increase.

Market Context: Risks While BTC Rises 15%

Despite attack news, Bitcoin rose 15% in the last 15 hours, climbing above $68,000 from $60,000. Binance SAFU Fund added 4225 BTC (299.6M$) to reach a total of 10455 BTC (734M$). Garrett Jin deposited 5000 BTC (351M$). This positive flow could balance the pressure on altcoins like JOE.

Risk Analysis for JOE Investors

  • Physical security: Strengthen OPSEC, prevent doxxing.
  • Technical: RSI oversold, wait for R1 $0.0425 breakout.
  • Global trend: As France cases increase, BTC rally may trigger altcoin rotation.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

SC

Sarah Chen

COINOTAG author

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