Ledger Co-Founder Freed After Ransom Kidnapping
David Balland, co-founder of Ledger, was kidnapped from his home in France early Tuesday and released Wednesday night following a police operation. According to the prosecutor’s office, the kidnappers demanded a large ransom in cryptocurrency.
- Following his kidnapping, Balland was transported by car to a different location and held captive there. The prosecutor’s office stated that he is currently receiving treatment from emergency services.
"The criminals demanded the payment of a significant ransom in cryptocurrency," said the prosecutors.
- The GIGN, one of France's elite tactical police units, was involved in the rescue operation. The police are continuing their investigation to identify and apprehend all individuals involved, though no further details were provided.
Lyonne.fr Report / Archive
Bloomberg Article / Archive
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