Ledger Co-founder Kidnapping Case Solved, Spanish Police Arrest Final Fugitive Suspect

CycleProphet · 2026-03-23T13:52:10+00:00

French Ledger co-founder David Balland was kidnapped in January 2025, with the kidnappers demanding a ransom of $11.5 million in Bitcoin. Authorities acted swiftly, rescuing Balland and arresting 10 suspects. A subsequent manhunt led to the successful capture of the fugitive. Currently, extradition procedures are in progress.

CycleProphet

2026-03-23 13:52:10

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Deep Tide TechFlow News, March 23 — According to DL News, David Balland, co-founder of Ledger in France, was kidnapped by a criminal gang in January 2025. The kidnappers cut off his fingers and extorted Bitcoin worth $11.5 million. After the incident, police acted quickly, rescuing Balland and his partner, and arresting 10 suspects at the scene. However, one suspect took advantage of the chaos to escape to Spain. After weeks of joint efforts by French and Spanish authorities, the suspect was finally captured in Benaalmadena, Spain. Currently, the Fuengirola Court is processing the extradition under the EU European Arrest Warrant Agreement, and French authorities have confirmed that all involved individuals have been identified and detained.

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