David Balland, a founder of Ledger, a prominent cryptocurrency company, and his wife were freed after a 48-hour police search. Ten people have been arrested.

French police have arrested 10 people suspected of involvement in the kidnapping and torture of the co-founder of a global crypto currency company and his partner, prosecutors said, with the case to be handed to anti-gang investigators Friday.

French authorities have reportedly rescued the co-founder of hardware wallet firm Ledger and his wife after they were kidnapped and held for ransom.

David Balland, co-founder of Ledger, a French crypto hardware wallet company, was recently the victim of a kidnapping incident in central France.

A co-founder of French crypto company Ledger was released on Wednesday after being kidnapped from his home in France, the prosecutor's office in Paris said. David Balland was kidnapped early on Tuesday morning at his home in central France and taken by car to another address where he was held captive,

David Balland and his wife, Amandine, were abducted from their home in Vierzon. They both survived the ordeal, but Balland is missing part of his finger.