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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...

Panic spread across the crypto industry today with rumors of a personal safety situation involving an officer of Ledger, the world’s most popular crypto hardware wallet. In France, an active investigation involving Ledger co-founder Éric Larchevêque is reportedly ongoing. On social media, some users suspected a kidnapping or ransom situation. The tweet from Coin Academy’s French-language X account that apparently started the rumor no longer exists but, disappointingly, the publication hasn’t tweeted a correction. Some users posted fake pictures of alleged perpetrators, making it difficult to discern how serious people were taking the situation. A source allegedly close to Larchevêque, Journalist Grégory Raymond, wrote by mid-morning New York time that “Eric is safe, it’s the only thing I can communicate at the moment. I’m in the process of checking the information.” According to Raymond, Larchevêque “is not involved in the kidnapping rumor.” Not entirely c...