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Telegram Founder Pavel Durov: Data Centralization is Creating Victims of Crypto Kidnapping

Pavel Durov, the founder of Telegram, stated on social media that France has experienced 41 kidnapping incidents targeting cryptocurrency holders in a short period, attributing the cause to tax data leaks and the illegal sale of information by public officials. He further criticized the government for expanding access to user identity and private message data, believing that data centralization will directly increase criminal targets.

Several English media outlets have indeed reported a rise in violent crimes against cryptocurrency practitioners and high-net-worth individuals in France and Europe, prompting law enforcement to enhance vigilance. Meanwhile, the European regulatory framework is advancing stricter identity verification and data reporting systems to combat money laundering and tax evasion.

Security research and blockchain analysis institutions have pointed out that on-chain transparency combined with real-world identity exposure makes high-value addresses easier to identify, creating a direct link between "digital assets and real-world personal risk."

Source: Public Information

ABAB AI Insight

This type of incident reveals a structural contradiction: the conflict between financial transparency and personal safety. The blockchain itself enhances the traceability of fund flows, while regulation strengthens the binding of "address-identity"; once this data is leaked, it transforms "wealth information" from abstract assets into real-world attack targets.

The traditional banking system, through multiple intermediaries and privacy protection mechanisms, has, to some extent, isolated account information from personal exposure. In contrast, the crypto system, in pursuing disintermediation and transparency, has weakened this buffer layer. When data is centralized in a few institutions or databases, its security becomes less a technical issue and more a governance and incentive issue.

From a power structure perspective, data is becoming a new "financial infrastructure." Whoever controls identity and transaction data has the ability to penetrate fund flows. This capability can be used for law enforcement but may also become a source of risk when leaked or abused. Durov's criticism essentially opposes the further concentration of data power in the state.

In the long term, this will drive the divergence of two paths: one is to strengthen compliance and identity binding in a "regulatable financial system," and the other emphasizes privacy protection and anti-censorship technological routes. The two are not simply competing but are forming parallel ecosystems under different security models and power structures.

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3 min read
·12d ago
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