Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
World
Vinay Patel

Who Is David Balland? Co-Founder of £1B Crypto Startup and Wife Rescued After Shocking Kidnapping

David Balland, Ledger co-founder, was kidnapped and held for ransom, with part of the payment made in cryptocurrency. (Credit: X / Le Parisien @le_Parisien)

The co-founder of hardware wallet manufacturer, Ledger, recently endured a harrowing ordeal: David Balland and his wife were abducted from their home in Vierzon by a violent criminal gang - highlighting the extreme risks that can come with the cryptocurrency world.

According to the French newspaper Le Parisien, the couple was subjected to brutal torture. In a particularly chilling act, the attackers severed one of Balland's fingers and sent it to his associates as part of their ransom demands.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.