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Ledger co-founder David Balland has reportedly been released by kidnappers after he was taken from his home and held hostage for a large crypto ransom.  The Paris prosecutor’s office shared details of the kidnapping today. According to French publisher L’Yonne Républicaine, the office stated that he was kidnapped in the early hours of Tuesday from a house in Cher and driven to another address where he was held. France’s national police force, including the Bourges research section and National Cyber ​​Unit, reportedly “enabled the release of David Balland on January 22, who was taken into care by emergency services and required treatment.” Investigations are reportedly still ongoing as officials work to identify and arrest the alleged perpetrators who could now face life sentences .  Ledger co-founder kidnap rumor confuses wallet users Read more: Doxxed crypto hackers ‘Airbnb hopping’ to avoid kidnappers and rivals, report Rumors circulated y...

The Solana (SOL)-based decentralized exchange (DEX) Mango Markets has proposed a $500,000 settlement with the U.S. Commodity Futures Trading Commission (CFTC). The DEX’s decentralized autonomous organization (DAO) voted this week to approve a settlement offer proposal that includes the civil penalty and an agreement to cease and desist from violating various commodity regulations. The $500,000 civil penalty, if agreed to by the CFTC, will be paid by Mango DAO and two associated entities, Blockworks Foundation and Mango Labs, LLC. The CFTC and the Securities and Exchange Commission (SEC) launched investigations into Mango Markets after crypto trader Avraham Eisenberg exploited the protocol for $110 million worth of digital assets in 2022. In August, Mango DAO members voted to approve a settlement proposal to the SEC, which accused them of violating several clauses in The Securities Acts of 1933 and 1934. If accepted by the SEC, the proposal would include a ...