The kidnapping case involving Ledger's co-founder has been solved, and the Spanish police have arrested the last fugitive suspect

Mar 23, 2026 19:53:48

According to DL News, David Balland, co-founder of the French company Ledger, was kidnapped by a criminal gang in January 2025. The assailants cut off his fingers and demanded a ransom of $11.5 million in Bitcoin. After the incident, the police acted quickly, rescuing Balland and his partner, and arrested 10 suspects at the scene, but one suspect escaped to Spain amid the chaos. After weeks of joint pursuit by the police of both countries, the suspect was eventually captured in Benalmádena, Spain.

Currently, the Fuengirola court is advancing the extradition process based on the European Arrest Warrant agreement, and French authorities have confirmed that they have identified and arrested all individuals involved.

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