Ledger co-founder David Balland released after kidnapping: report

David Balland, co-founder of the manufacturer of the cryptocurrency portfolio manufacturer, was released after being kidnapped from his home in France.

According to Bloomberg, Balland was kidnapped Tuesday morning and released Wednesday evening following a police operation, as confirmed by the Paris prosecutor’s office.

The kidnappers would have demanded a cryptocurrency ransom, although the authorities have not disclosed the specific amount requested.

The operation was classified Also ultra-sensitive, encouraging the media to remain silent while the lives were at stake. For 48 hours, the national gendarmerie, under the office of the Paris prosecutor, worked discreetly to locate the managers of the kidnapping.

Some reports say that a human finger has been sent as part of the ravisseurs’ ransom request, according to Le Parisien.

After the removal, Balland was moved to another place where he was detained before being released. Emergency services now provide him with the necessary medical care, as said by the prosecutor’s office.

Ledger’s Eric Larchevêque

Shortly after the removal of Balland, Rumors circulated That another co-founder of the Grand Book, Eric Larchevêque, had also been removed.

Grégory Raymond, co-founder of The Big Whale, clarified That these allegations were false, confirming that Lachvêque was not involved in any kidnapping incident.

The false affirmations about Larchevêque come from a publication on social networks which mentioned a senior manager of the great book held for Rançon. Although the post did not name Lachvêque, a photo attached to it led to generalized speculation.

Raymond has urged caution concerning unaccompanied reports, warning that disinformation could hinder current surveys.

Ledger, a material portfolio manufacturer, was founded in 2014 by a team of eight cryptocurrency specialists, including Eric Larchevêque, David Balland, Joel Pobeda, Nicolas Bacca and Thomas France.

The company reached an evaluation of $ 1.4 billion following a financing cycle of $ 108 million in 2023.