The Daughter of a Big Name in Crypto Escapes Kidnapping in the Heart of Paris

By: cointribuneen|2025/05/13 22:30:08

This Tuesday morning, Paris shuddered. The daughter of a famous crypto magnate narrowly escaped a kidnapping worthy of a failed crime novel right in the 11th arrondissement of Paris. The violent and unexpected incident shook residents and authorities alike. Quickly, the news spread through financial circles. The words Crypto and boldness have never sounded so loudly. Crypto and confusion in the middle of a Parisian street The scene took place around 8:20 a.m. while bitcoin briefly dropped . Three masked men came out of a white van. They wore gloves and dark jackets. Their target? A woman in her thirties, a mother. The victim was accompanied by her two-year-old child. With little discretion and great speed, they tried to force her into the vehicle. Passersby, stunned by the crypto-criminal audacity, were frozen in place. Ironically, one of the kidnappers lost a handgun during the struggle, real or fake, adding to the absurd drama of the scene. Fortunately, the father intervened bravely. Taking some blows but holding firm, he managed to free the victim. Overwhelmed by the unexpected, the kidnappers fled, leaving behind chaos, confusion, and a reputation to rebuild in the world of crime. Investigation and repercussions The Paris Brigade for the Repression of Banditry (BRB), now on the case, quickly located the van abandoned in a nearby street. Between stunned witnesses and numerous surveillance cameras, investigators have plenty of material. The victim, far from insignificant, is the daughter of the CEO of a major crypto trading platform. This detail, of course, did not escape anyone, adding a very particular dimension to the investigation. The Parisian crypto community, usually focused on bitcoin fluctuations or altcoin adventures, is now seriously questioning issues related to their personal security. The motives behind this failed act remain to be clarified. Kidnapping for ransom payable in bitcoin? Simple intimidation? A coded message aimed at the crypto world? The hypotheses are varied, and the speculations go far beyond the usual crypto realm.

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.

Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.

Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps

Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.

The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position

The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.

Social-Native Trading: Strategy and Execution Completed in the Same Context

Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying

On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.

By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.

Referral Mechanism: Non-institutional users can receive up to 60% fee split

Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings

This model aims to drive user-driven network expansion and organic growth.

Self-Custody Architecture and Built-in Privacy Mechanism

Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:

· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure

The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.

A New Path for On-Chain Derivatives

Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.

The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.

Regulatory Background

Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.

This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."

The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.

About Mixin

Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.

Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication

Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

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