There have been two serious attacks in Paris this month targeted at the families of crypto execs, and Chainalysis’ Levin has offered one of the reasons why it’s happening.
Some criminal organizations are yet to receive the memo — crypto is traceable — and could explain the recent string of crypto-related kidnappings, says Chainalysis CEO Jonathan Levin.
Law enforcement has been increasingly successful at tracing stolen funds and crypto ransom payments, resulting in a “lot of arrests,” Levin said during the 2025 Consensus crypto conference, covered by Cointelegraph.
“For whatever reason, there is a perception that’s out there that crypto is an asset that is untraceable, and that really lends itself to criminals acting in a certain way,” he said.