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    Home»Crypto News»Arrest Made in Violent Kidnapping of Ledger Founder for Crypto Ransom: Report – Decrypt
    Arrest Made in Violent Kidnapping of Ledger Founder for Crypto Ransom: Report – Decrypt
    Crypto News

    Arrest Made in Violent Kidnapping of Ledger Founder for Crypto Ransom: Report – Decrypt

    By Crypto EditorMarch 23, 2026No Comments3 Mins Read
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    Arrest Made in Violent Kidnapping of Ledger Founder for Crypto Ransom: Report – Decrypt

    Briefly

    • A suspect was arrested in Spain for his or her alleged position within the kidnapping of Ledger co-founder David Balland and his spouse final January.
    • The person is believed to be the final remaining suspect to be apprehended within the case.
    • Balland and his spouse had been kidnapped from their house final yr and held for round 24 hours earlier than being rescued.

    A person suspected to have participated within the kidnapping of Ledger co-founder David Balland in France final yr has been arrested in Spain, in response to a native information report from Le Parisien.

    The apprehended particular person is believed to be the ultimate excellent perpetrator from the January 2025 assault, in response to the report. 

    “The French authorities recognized and arrested all members of the legal group, aside from considered one of them, who left the nation to hunt refuge in our nation and keep away from his arrest,” the Spanish Civil Guard stated in a press release. 

    The person, who was not named, was situated in Spain and ultimately arrested final week within the municipality of Benalmadena. The arrest of the person was facilitated with the usage of a big police presence, the report says, “on account of their dangerousness and the likelihood that the legal group to which they belonged would possibly attempt to free them.”

    Balland and his spouse had been kidnapped from their house in Cher, France final January and held captive for round 24 hours, with ransom calls for of 10 million Euros value of crypto—about $11.6 million—in response to the Spanish Civil Guard. 

    One in every of Balland’s fingers was lower off throughout that point and mailed to his associates, Le Parisien reported on the time, citing unnamed sources. The pair had been quickly after liberated by legislation enforcement and the opposite kidnappers had been arrested. 

    In June, police in Morocco arrested French-Moroccan nationwide Badiss Mohamed Amide Bajjou, who was alleged to be the mastermind behind Balland’s abduction and different crypto-related kidnappings in France.

    Wrench assaults, or bodily assaults in makes an attempt to coerce crypto from victims, have been on the rise within the final yr, leaping 75% year-over-year, in response to knowledge from safety agency CertiK.

    France has been notably troubled, accountable for 16 of the 23 wrench assaults which have been publicly reported this yr, in response to a database compiled by crypto safety researcher and Casa CTO, Jameson Lopp. 

    Earlier this yr, six people had been arrested for kidnapping a Justice of the Peace and looking for a crypto ransom. Plus, the CEO of Binance France was the goal of a house invasion, however was unhurt and the alleged perpetrators had been arrested.

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