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

David Balland and his wife were rescued in a police operation involving elite units, Paris Prosecutor Laure Beccuau said.

French authorities freed Ledger co-founder David Balland on Wednesday, local outlets reported, following his abduction in an apparent crypto ransom scheme.

Most of the suspects were already known to police for past criminal activities, but none had previously been involved in gang-related crime, according to prosecutors.

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.

The co-founder of French crypto unicorn Ledger and his wife have been rescued after an outlandish Parisian kidnapping attempt resulted in 10 arrests. David Balland and his wife were abducted in the early hours of Tuesday morning,

A millionaire French crypto boss has been rescued from kidnappers by French special forces – but they arrived too late to stop the captors chopping off his finger.