French authorities have detained those involved in the kidnapping of Ledger co-founder
Date: 2025-01-27 Author: Oliver Abernathy Categories: IN WORLD
According to the prosecutor's office, the operation involved the efforts of cybersecurity experts and more than 200 police and gendarmerie officers. Among them was the GIGN tactical unit, known for its specialization in hostage rescue.
All seven suspects, five of whom are between the ages of 20 and 25, are currently in custody. They are charged with kidnapping with the use of weapons, torture, and extortion. According to the prosecutor's office, if found guilty, each of them faces lengthy prison terms, up to life imprisonment.
The criminals demanded a large ransom in USDT stablecoins, but the funds were quickly blocked on the attackers' crypto accounts. Law enforcement agencies have not disclosed the exact amount of the ransom, nor the details of the operation to free Balland.
The incident recalled the recent case of WonderFi Technologies CEO Dean Skurka. Then, for his release, the criminals received $1 million in cryptocurrency.
