We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Ledger co-founder kidnap rumor confuses pockets customers
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Crypto & Web 3 > Ledger co-founder kidnap rumor confuses pockets customers
Crypto & Web 3

Ledger co-founder kidnap rumor confuses pockets customers

By Editorial Board Published January 22, 2025 3 Min Read
Share
Ledger co-founder kidnap rumor confuses pockets customers

Panic unfold throughout the crypto business at this time with rumors of a private security scenario involving an officer of Ledger, the world’s hottest crypto {hardware} pockets.

In France, an lively investigation involving Ledger co-founder Éric Larchevêque is reportedly ongoing. On social media, some customers suspected a kidnapping or ransom scenario.

The tweet from Coin Academy’s French-language X account that apparently began the rumor not exists however, disappointingly, the publication hasn’t tweeted a correction.

Some customers posted pretend photos of alleged perpetrators, making it troublesome to discern how severe folks have been taking the scenario.

A supply allegedly near Larchevêque, Journalist Grégory Raymond, wrote by mid-morning New York time that “Eric is safe, it’s the only thing I can communicate at the moment. I’m in the process of checking the information.”

In response to Raymond, Larchevêque “is not involved in the kidnapping rumor.”

Not totally satisfied, Binance founder Changpeng Zhao (“CZ”) tweeted concern with out committing to any specific set of information — then deleted his tweet. Though unsure as to what had occurred with Larchevêque, CZ acknowledged rumors of a attainable ransom scenario but admitted “not sure what is true for now.”

A user-generated Neighborhood Word on X signifies that the rumor of a kidnapping might be not true.

In any case, the rumors have been regarding for crypto house owners who maintain their very own keys generated from Ledger units like its Stax, Flex, or Nano sequence.

Ledger Recuperate shops non-public key shards

Ledger is the maker of handheld {hardware} that generate public/non-public keypairs of crypto wallets and facilitate safe transaction signatures. Traditionally, its units by no means shared keys in any cloud or distributed service. 

Nevertheless, Ledger lately launched a service referred to as Ledger Recuperate that shops hashed shards of consumers’ keypairs in Ledger-maintained storage. The opt-in service is accessible to paying subscribers.

Ledger assures clients that its Recuperate service hasn’t been compromised.

As of publication time, neither Ledger nor its CEO have commented publicly on the existence or non-existence of a private security scenario involving Larchevêque.

Protos has reached out to Ledger for remark and can replace this text if we obtain a response.

TAGGED:cofounderkidnaprumorconfusesLedgerwalletusers
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Michigan State College to kick off 'Music and the Backyard' sequence

Michigan State College to kick off 'Music and the Backyard' sequence

Michigan
June 7, 2025
Lethal Russian strikes condemned as ‘savage’ – as dozens extra injured in Ukrainian metropolis

Lethal Russian strikes condemned as ‘savage’ – as dozens extra injured in Ukrainian metropolis

Not less than 4 folks have been killed within the japanese Ukrainian metropolis of Kharkiv…

June 7, 2025
Reform UK chairman Zia Yusuf reverses resolution to stop celebration

Reform UK chairman Zia Yusuf reverses resolution to stop celebration

Reform UK chairman Zia Yusuf has reversed his resolution to stop the celebration, saying "the…

June 7, 2025
Daybreak French apologises for ‘mocking tone’ in video about Israel-Hamas battle

Daybreak French apologises for ‘mocking tone’ in video about Israel-Hamas battle

Daybreak French has apologised and brought down a video she posted in regards to the…

June 7, 2025
Elon Musk put up claiming that Donald Trump seems in Epstein information faraway from X

Elon Musk put up claiming that Donald Trump seems in Epstein information faraway from X

Elon Musk's social media put up claiming Donald Trump is in information regarding the disgraced…

June 7, 2025

YOU MAY ALSO LIKE

Circle and Coinbase — a narrative of two public choices

Circle, the most important United States-domiciled stablecoin issuer, had an explosive first day of buying and selling because it launched…

Crypto & Web 3
June 6, 2025

Elon Musk has misplaced $70B since his feud with Trump

Elon Musk’s private internet value has declined $70 billion because the abrupt and really public finish to his working relationship…

Crypto & Web 3
June 6, 2025

Bitcoin DeFi mission ALEX exploited once more, aBTC and sBTC depeg

Simply over a yr after a suspected non-public key hack, “Bitcoin DeFi” platform ALEX Protocol has been exploited once more,…

Crypto & Web 3
June 6, 2025

From STRF to STRD — is Michael Saylor simply promoting junk bonds?

Some followers of Michael Saylor have grown bored with his alliterative naming conference for a ballooning collection of MicroStrategy (MSTR)…

Crypto & Web 3
June 6, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?