Ledger co-founder David Balland kidnapped and released

Ledger co-founder David Balland kidnapped and released
Ledger co-founder David Balland kidnapped and released

One of the co-founders of the French company Ledger was released on Wednesday January 22 after being kidnapped and kidnapped, we learned The World with the prosecutor's office, confirming information from several media including Radio and Liberation.

David Balland, co-founder of the company which produces secure wallets for cryptocurrencies, was kidnapped Tuesday morning from his home near , where the French company is based and where he lives. He was found and released by the GIGN the next day, explains the Paris prosecutor's office in a press release. Mr. Balland was “taken care of by emergency services and must be treated”. The investigation, initially opened by the public prosecutor's office, is now being carried out by the organized crime division of the Paris public prosecutor's office.

The kidnappers put Mr. Balland in a car and drove him to another address, before demanding a “large ransom in cryptocurrencies”specifies the Paris prosecutor's office. In this case of kidnapping and sequestration by an organized gang, a crime punishable by life imprisonment, “the entire national gendarmerie was contacted, from the Bourges research section to the National Cyber ​​Unit”continues the Paris prosecutor's office.

French “unicorn” valued at more than a billion euros

Ledger, founded in 2014 and based in Vierzon, is one of the flagship companies in the cryptocurrency sector in France. Its secure physical wallets, deemed particularly robust, are very popular with investors – the company is valued at around 1.3 billion euros.

Late Wednesday afternoon, on the social network Quickly denied by the specialized site The Big Whalethe assertion gave rise to the creation of tokens (cryptoactives) bearing the image of the French entrepreneur.

-

Read also | Article reserved for our subscribers Ledger, the French specialist in digital safes which sees itself as the “Apple of cryptoassets”

Read later

Damien Leloup, Florian Reynaud et Aurelien Defer

Reuse this content

France

-

--

PREV The biggest Oscar nomination snubs of 2025
NEXT Behind the scenes of the madness of the Spurs media day and the NBA House (4/7)