Ledger Co-founder Kidnapped, Ransom Demanded in Crypto
David Balland, co-founder of cryptocurrency hardware wallet firm Ledger, and his wife were kidnapped from their home in France. The kidnappers demanded a cryptocurrency ransom, and Balland suffered injuries during the 24-hour ordeal. French police successfully rescued both victims. The incident highlights the security risks faced by executives in the cryptocurrency industry, and underscores the dual nature of cryptocurrency's value and risk.
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