🥷 #DavidBalland , co-founder of #Ledger , was kidnapped on January 21, 2025, with ransom demands in cryptocurrency. French authorities confirmed his rescue on January 22 by GIGN forces.
The criminals transported Balland to another location, where he was held captive. Investigations revealed the kidnappers demanded a large crypto ransom—a crime punishable by life imprisonment in France.
Balland is now safe, receiving medical care, while authorities continue to track down the perpetrators. The Paris prosecutor’s office is working with organized crime and cybercrime units to bring justice. ⚖️
A dramatic reminder: even in the crypto world, real-world risks are all too real. 🛡🔒