PANews reported on May 26 that according to DL News, the organizers of the European Ethereum Conference (EthCC) announced that the event held in Cannes from June 30 to July 3 will implement film festival-level security measures. Cometh CEO Jerome de Tychey said that participants such as Ethereum founder Vitalik Buterin will receive the same level of protection as Tom Cruise during the Cannes Film Festival. The local government will increase police force and activate more than 500 surveillance cameras throughout the city.

This decision stems from the recent frequent kidnappings in the crypto space in France. Ari Redbord, policy director at TRM Labs, pointed out that the appreciation of cryptocurrencies and changes in European regulations have made France a target for criminal gangs, and suggested that practitioners reduce their exposure on social media and consider deploying security personnel. The organizers of EthCC declined to disclose the specific security plan, but confirmed that government officials, regulators and billionaires will attend the meeting.