Crypto Ransom: Ledger Co-Founder Freed

Ledger Co-Founder Rescued After Kidnapping in France

• David Balland, co-founder of Ledger, was kidnapped from his home in Cher, France.
• The abduction lasted approximately 24 hours before he was rescued by local law enforcement.
• The kidnappers demanded a ransom from Balland’s associates and family.
• The National Gendarmerie led the rescue operation that freed Balland.
• Balland received medical treatment for injuries after his release.

David Balland, a co-founder of Ledger, was abducted for about a day before being rescued by French authorities. The kidnappers demanded a ransom, though details on payment remain unclear.