The co-founder of the French cryptocurrency wallet startup Ledger SAS has been released after being kidnapped. David Balland was abducted from his home and held for ransom in cryptocurrency before a police operation freed him.
- David Balland, co-founder of Ledger SAS, was kidnapped on Tuesday from his home in central France.
- The Paris prosecutor confirmed his release following a police operation.
- Ransom was demanded in cryptocurrency for his release.
- The incident highlights security issues faced by cryptocurrency startups.
- Ledger SAS is known for its cryptocurrency wallet services.
- The police acted quickly to ensure his safe return.
- This case underscores the growing threats to individuals in the digital asset industry.
- It also reflects the problematic intersection of crime and emerging financial technologies.