💨 Abstract

Co-founder of French crypto company Ledger, David Balland, and his partner were kidnapped and held for ransom. They were freed after extensive police work, including involvement of GIGN, a French elite tactical police unit. The kidnappers demanded a large ransom in cryptocurrency. The details of the release and whether the ransom was paid are not disclosed. Balland's partner was also freed. No arrests have been made yet.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖