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French police free kidnapped Ledger executive
A violent 24-hour kidnapping of Ledger co-founder David Balland and his wife ended in their rescue by French police following demands for cryptocurrency ransom.
French technology executive David Balland, who helped create the cryptocurrency security company Ledger, has survived a brutal kidnapping attempt that ended with a police rescue operation on January 22, 2025, according to statements from the Paris prosecutor’s office. Former Binance CEO Changpeng Zhao initially posted about the rumors on social media before deleting his message, citing uncertainty about the developing situation. Casa chief technology officer Jameson Lopp also commented on the events, noting that Ledger’s initial silence about the situation had raised red flags within the cryptocurrency security community.
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