Billionaires Selling: Could This Signal a New Crisis?

Buffett, Gates, and Bezos are quietly dumping stocks-and moving billions elsewhere. Former White House advisor Jim Rickards says it's tied to Trump's boldest economic move yet. He just revealed where the smart money is going-and how you can follow before it's too late.

Kidnappers in France target cryptocurrency entrepreneurs for ransom

DEE-ANN DURBIN
May 04, 2025

PARIS (AP) -- French police rescued the father of a wealthy cryptocurrency entrepreneur in a nighttime raid after he was taken hostage for ransom, the latest alleged criminal effort in France to extort people involved in the management of digital assets.

The man was kidnapped Thursday morning in Paris, the prosecutor's office said Sunday.

"The victim turned out to be the father of a man who made his fortune in cryptocurrencies, and the incident was accompanied by a ransom demand," its statement said, without giving their names or other specifics about their identities.

Police investigators located the hostage in a house in the Essonne region south of Paris, from which he was rescued on Saturday night, the prosecutor's office said.

It said he was treated for injuries but gave no details. French media reported that the alleged hostage-takers cut off one of the man's fingers.

Police detained 5 people -- four were in or close to the house where the man was held captive, while the fifth was at the wheel of a vehicle thought to have been used for the alleged abduction, the prosecutor's office said.

It said the police investigation is looking at an array of possible criminal charges, including kidnapping "with torture or a barbaric act."

In January, police said a co-founder of French crypto-wallet firm Ledger, David Balland, was also kidnapped with his wife from their home in the region of Cher of central France.

Police said they made 10 arrests and that the alleged kidnappers demanded a ransom in cryptocurrency from another of Ledger's co-founders.

A raid by France's elite National Gendarmerie Intervention Group unit that specializes in hostage situations freed Balland the next day, followed the day after that by the liberation, again by the GIGN, of his wife, found tied up in a vehicle, police said.

Continue Reading...

Popular

Tips for handling your finances in a time of economic uncertainty

NEW YORK (AP) — Financial markets are volatile. confidence is at its lowest level in five years. say recession risks are rising.

Peter Schiff Calls Out 'TRUMP' Coin Gala Invite: 'Hunter Biden Is Already Being Outdone'

Economist Peter Schiff took potshots at the private gala dinner invitation to top holders of Official Trump (CRYPTO: TRUMP) meme coin, equating it to corruption charges against Joe Biden’s son, Hunter Biden.

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

OMAHA, Neb. (AP) — Billionaire investor said Saturday that he as chief executive of Berkshire Hathaway at the end of the year. The revelation because the 94-year-old had previously said he did not plan to retire.

Gold Shines, Output Dims: Barrick Delivers Mixed Q1 As Production Slips

Barrick Gold reports solid Q1 results with revenue of $3.13B, in line with consensus. Gold production and sales fell, but realized prices rose. Copper production surged and dividend declared.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Cheap parcels from China will no longer be duty-free. Here's what it means for buyers and sellers

NEW YORK (AP) — Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China Friday.

Thousands of chickens euthanized in South Africa after they were left starving and eating each other

CAPE TOWN, South Africa (AP) — Animal welfare officers faced the grisly task of euthanizing more than 350,000 chickens by hand after they were left starving and cannibalizing each other when a South African state-owned poultry company ran out of money to feed them, officials said Tuesday.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Musk's Ex-Wife Opens Up About Why Life With Elon Was So Difficult

Justine Wilson recently shed light on the complexities of their marriage and the challenges she faced being married to the Tesla CEO.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Play your cardinals right: Betting on next pope gains popularity ahead of the conclave

ROME (AP) — Next week’s to to as leader of the world’s 1.4 billion Catholics is a solemn affair steeped in .

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

California high-speed rail leader pushes state to support private investment

SACRAMENTO, Calif. (AP) — A long-delayed project promising nonstop rail service between San Francisco and Los Angeles in under three hours may be able to secure the private funding it desperately needs if California agrees to pay the investors back, its chief executive told The Associated Press.

KLA Stock Slips Despite Better-Than-Expected Q3 Results

KLA released its third-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter:

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on future

WASHINGTON (AP) — , preparing to step back from his work leading the , had a request of the reporters gathered at the White House to interview him: Before he would answer any questions, he wanted someone to tell him a joke.

Did Trump Just Publicly Back Favorite AI Energy Stock?? - Ad

It's wildly profitable - Over $3 billion in operating income. It has a partnership with the hottest AI stock on Wall Street. And Trump has publicly backed it?

Floor & Decor Prepared For Current Tariffs As Sourcing Shift Limits China Exposure: Analyst

Telsey analyst lowers price forecast for Floor & Decor Holdings (FND) to $110, maintains Outperform rating. Q1 EPS misses, lowered FY25 guidance.

Peter Schiff Questions Trump's Bitcoin Ambition Amid Trade Deficit Concerns: 'Resources Are Just Wasted'

Economist Peter Schiff says that President Donald Trump’s Bitcoin (CRYPTO: BTC)-centric policy contradicts his aim of correcting the U.S. trade imbalance with the world.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

The EU seeks to halt Russian gas imports by the end of 2027 and ban new contracts already this year

BRUSSELS (AP) — The European Union should halt imports of Russian natural gas by the end of 2027 to deprive President Vladimir Putin of revenue that helps fuel his , the bloc’s executive branch said Tuesday.

Disney parks thrive in second quarter and it adds well over 1 million streaming subscribers

Disney’s posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service.

Uh-oh! There's a New Shortage Brewing: And Trump Is Furious - Ad

A hidden crisis is unfolding-America is running out of a vital resource. Jim Rickards says it could be worse than COVID. But Trump may unlock a $150T asset to solve it. When that happens, a rare window could open for investors.

Hims & Hers Stock Soars 32% Since Tuesday On Strong Q1 Earnings And Robust Outlook

Hims & Hers Health shares have surged 32.4% since Tuesday's session open. The stock is gaining following a standout first-quarter earnings report released late Monday.

Under Armour Faces Tough Road Ahead, Says Analyst

Telsey Advisory Group analyst Cristina Fernandez reiterated a Market Perform rating on Under Armour Inc (NYSE: UAA) and lowered the price target to $7.00 from $10.00. With ongoing challenges in North America and APAC, the company's Q4 FY25 results and FY26 guidance will be closely watched, particularly regarding demand, product reception, and tariff strategies.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

UnitedHealth Investors Claim Company Hid Profit Impact Of CEO's Murder

Shareholders of UnitedHealth filed a class-action lawsuit on Wednesday accusing the company of misleading investors by concealing the negative business impacts that followed the December 2024 killing of UnitedHealthcare CEO Brian Thompson.

Tens of thousands of Los Angeles County workers begin 2-day strike

LOS ANGELES (AP) — More than 50,000 Los Angeles county workers began a two-day strike Monday evening, closing libraries and disrupting administrative operations across the nation's most populous county.

Billionaires Selling: Could This Signal a New Crisis? - Ad

Buffett, Gates, and Bezos are quietly dumping stocks-and moving billions elsewhere. Former White House advisor Jim Rickards says it's tied to Trump's boldest economic move yet. He just revealed where the smart money is going-and how you can follow before it's too late.

Tariff turmoil prompts cloudy forecasts from companies for the year ahead

NEW YORK (AP) — Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as they try to navigate a global trade system severely shaken by a shift in U.S. policy.

What's Going On With Verizon (VZ) Stock During Monday's Session?

Verizon shares are trading marginally higher during Monday's session, following Friday's drop. The stock dropped last week in reaction to rival T-Mobile US earnings.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

CDC Logs Highest Tuberculosis Caseload In A Decade — Advocates Warn WHO Pull-Out Leaves America Flying Blind

Global health experts warn that US retreat from TB prevention programs could lead to a resurgence of the deadliest infectious disease, as seen with a recent case in suburban Illinois.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Wall Street Eyes 8th Positive Day As S&P 500 Recoups Tariff-Led Losses, Bitcoin Rallies To $97,000: What's Driving Markets Thursday?

Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright priceactionea.net
Privacy Policy | Terms of Service