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Reading: Ledger co-founder David Balland launched by kidnappers, report
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Michigan Post > Blog > Crypto & Web 3 > Ledger co-founder David Balland launched by kidnappers, report
Crypto & Web 3

Ledger co-founder David Balland launched by kidnappers, report

By Editorial Board Published January 23, 2025 2 Min Read
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Ledger co-founder David Balland launched by kidnappers, report

Ledger co-founder David Balland has reportedly been launched by kidnappers after he was taken from his house and held hostage for a big crypto ransom. 

The Paris prosecutor’s workplace shared particulars of the kidnapping at the moment. In response to French writer L’Yonne Républicaine, the workplace acknowledged that he was kidnapped within the early hours of Tuesday from a home in Cher and pushed to a different tackle the place he was held.

France’s nationwide police power, together with the Bourges analysis part and Nationwide Cyber ​​Unit, reportedly “enabled the release of David Balland on January 22, who was taken into care by emergency services and required treatment.”

Investigations are reportedly nonetheless ongoing as officers work to determine and arrest the alleged perpetrators who may now face life sentences. 

Rumors circulated yesterday that it was Balland’s Ledger co-founder Éric Larchevêque who had been kidnapped.  

Nonetheless, a supply allegedly near Larchevêque, Journalist Grégory Raymond, claimed, “Eric is safe, it’s the only thing I can communicate at the moment. I’m in the process of checking the information.”

“To keep away from jeopardizing the continued investigation, we determined to not reveal something about what occurred in the previous few hours.

“Please note: It is not yet known whether other victims are still being held by the kidnappers.”

A tweet from Coin Academy’s French-language X account had apparently began the rumor about Larchevêque. The submit was deleted however the publication didn’t challenge a correction. 

TAGGED:BallandcofounderDavidkidnappersLedgerReleasedreport
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