The recent kidnapping of Ledger co-founder David Balland and his wife have shaken the crypto community, as details of their rescue emerge.
French authorities, including the Elite Gign Unit, launched multiple interventions in Vierzon and nearby towns, rescuing victims and arresting suspects.
The kidnapping
On January 21, David Balland and his wife were kidnapped from their home, with the perpetrators demanding a ransom of 100 BTC (~$10 million). Balland’s severed finger was sent as evidence to co-founder Éric Larchevêque.
Police interventions
The Gign and Local gendarmerie raided multiple locations in Vierzon and Méreau. Witnesses reported hearing explosions as officers forced entry into properties linked to the investigation.
- Local reports confirmed These operations were part of the case, although rumors suggesting that Larchevêque was also kidnapped also dissipated.
The rescue
Balland was rescued first, with his wife freed hours later from a car where she was tied.
Result
- Arrests: French authorities arrested 10 gangs, aged 20 to 40, who now face life in prison.
- Rescue recovery: Most of the ransom, paid in bitcoin, was traced and frozen
Security Tips for Public Crypto Figureyes
- Personal information limit: Avoid publicly sharing home addresses, routines, or family details.
- Invest in home security: Use advanced alarm systems, security cameras and reinforced locks to deter intrusions.
- Travel discreetly: Avoid broadcasting travel plans or locations in real time on social media.
- Stay tuned online: Be wary of phishing attempts and ensure sensitive communications are encrypted.
This article is published on Bitpinas: Take Quick: Ledger Co-Founder Free French Authorities in Heartbreaking Kidnapping Case
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