The kidnapping of David Balland and his wife experienced a happy ending after the police intervention to release them. They were kidnapped for ransom cryptocurrencies. Now it opens the judicial part of the case. Seven people were arrested.
It is a completely unlikely story, against the background of the ransom in the cryptocurrency. The case of the kidnapping and sequestration of the business boss in France, the Cher department, which went so far to mobilize Gign, the elite unit of the national gendarme. A dark scenario, which ended well.
What is the book?
Ledger is a French company founded in 2011, whose specialty is to ensure cryptoactives. To this end, they sell secure devices that serve as physical wallets.
David Balland, founder of Ledger, was actually released on 22 January after mobilizing important means to find his and his partner. His wife was also hostages before she regained freedom to 23 ..
The ensemble now enters a completely different phase, this time legal. Because a huge operation led by the police resulted in the arrest of ten people. However, the Paris Public Prosecutor’s Office said three of them, ”” Arrested in the immediate vicinity of the detention site “From his wife,” were released without prosecution “, I have no” established link With the case.
For the other seven things is difficult. National jurisdiction against an organized crime (Junalco) described in detail on Friday, January 24, described in detail the numbers of weighing suspects. Already 13th, the prosecution mentioned facts that could lead to life imprisonment. Junalco brought from details.
Case Accounting Book: Facts responsible for eternity
As regards the kidnapper David Balland, the Paris prosecutor’s representative remarks blackmail in an organized gang committed with a weapon (lifelong prison with permanent) and arrest, kidnapping, sequestration or arbitrary detainment with torture or acts of barbarism committed in organized gang (permanent and fines of one million euros).
For the kidnappers of his wife, the facts are blackmail in an organized gang (20 years in prison and a fine of 150,000 euros) and arrest, kidnapping, sequestration or arbitrary hostage to obtain an execution or conditions, in organized gang (permanent and fine one million euros))
Four additional fees are added to this:
- Washing in an organized gang of goods or funds from organized crime of blackmail gangs (20 years in prison and fine of 750,000 euros),
- Association of Criminals for preparing a crime (10 years in prison and a fine of 150,000 euros)
- Worsened bleaching: The band’s competition was organized to place, secrecy or convert the product of a crime or crime (10 years in prison and a fine of 750,000 eur
- Flight assets (10 years in prison and 375 000 euros).
These sentences are the maximum that justice can pronounce these crimes. However, the uncertainties remain in certain aspects of the case, especially on the amount of “important” ransom that the kidnappers required. For the time being, it has specified prosecution, preliminary detention has been asked for seven individuals.
The attack that focused on David Balland and his partner is not caused by chance. It turns out that the company is awarded at more than $ 1.5 billion, making it a “unicorn”, according to 2021 data. At that time Ledger said they had secured almost 15 % of all cryptocurrency assets in the world. In 2023 the value is 20 %.
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