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    Home»Markets»Ledger Co-Founder Concerned In Unusual Kidnapping Hoax
    Ledger Co-Founder Concerned In Unusual Kidnapping Hoax
    Markets

    Ledger Co-Founder Concerned In Unusual Kidnapping Hoax

    By Crypto EditorJanuary 22, 2025No Comments3 Mins Read
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    In a weird improvement, an alleged kidnapping story of Ledger co-founder Eric Larchevêque is seemingly a hoax. There may be little details about Larchevêque‘s present whereabouts, however a “Justice for Eric” meme coin launched and crashed.

    This unusual episode took off like wildfire by means of crypto social media, however there was apparently not a scrap of proof.

    Who Kidnapped Eric Larchevêque?

    Ledger, a {hardware} pockets agency primarily based in France, has skilled some difficulties lately. Its most up-to-date main headlines have been associated to phishing scams focusing on its customers. Nevertheless, in the present day’s incident is way extra dramatic.

    In keeping with native media, Ledger’s co-founder Eric Larchevêque was kidnapped. The report even alleged that the criminals demanded Bitcoin as a ransom.

    This incident raises numerous questions. For one, Larchevêque hasn’t been concerned with Ledger since resigning in 2019. It seems that the kidnapping was staged, however this declare comes from an odd supply.

    Eventhough the rumor unfold like a wildfire throughout social media, Larchevêque didn’t make any posts clarifying his present state. He’s a reasonably energetic consumer on X (previously Twitter), but his final submit was over 24 hours in the past.

    As a substitute, native crypto reporter Grégory Raymond acknowledged that it was a hoax.

    “We’re capable of guarantee that Eric Larchevêque (co-founder of Ledger) isn’t concerned within the kidnapping rumor about him. Watch out with printed data that might threaten an ongoing investigation in France and presumably another person’s life,” Raymond claimed.

    He added that “Eric is secure,” however was unable to speak every other updates. This information did little to alleviate the group’s considerations and certainly solely raised additional questions.

    If Larchevêque isn’t get together to this kidnapping, then who’s, and who would faux to kidnap an ex-employee of Ledger?

    The agency has been riddled with controversy over the previous couple of years, however this incident takes the cake. Since Larchevêque and the unique founders departed, Ledger’s new CEO obtained numerous unhealthy press over safety considerations.

    Additionally, again in 2023, the agency carried out huge layoffs. Nevertheless, points like this wouldn’t clarify a pretend kidnapping scandal.

    In the meantime, the story was viral sufficient for meme coin fans to leap in. An nameless consumer launched a “Justice for Eric” meme coin on Solana, however its market cap cratered nearly instantly.

    ledger eric meme coin
    Justic For Eric Meme Coin. Supply: Dex Screener

    Whoever launched it could be completely unrelated to the incident and solely meaning to do a fast rug pull. It nonetheless doesn’t reply any of the most important lingering questions.

    In the end, wherever Larchevêque is, or no matter cause Ledger’s title retains arising, this hoax highlights a rising difficulty in crypto. A number of well-liked X accounts instantly started circulating this kidnapping story, although there was no proof.

    This complete episode could also be extra of a misunderstanding than a deliberate hoax, however it unfold like wildfire all the identical. The proper particulars of this story will solely floor when Larchevêque provides an replace on social media.

    Disclaimer

    In adherence to the Belief Undertaking pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed data. Nevertheless, readers are suggested to confirm details independently and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material. Please notice that our Phrases and Situations, Privateness Coverage, and Disclaimers have been up to date.



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