Yes, there was a recent incident involving a co-founder of Ledger. In January 2025, David Balland and his wife were kidnapped from their home in central France. The abductors demanded a substantial ransom in cryptocurrency. French elite police units intervened, rescuing the couple. During the ordeal, Balland sustained injuries to his hand. Authorities have arrested multiple suspects in connection with the kidnapping.

This event underscores the increasing security concerns within the cryptocurrency sector.

'be your own bank'

that sounds great when you say it fast but the reality is that Banks do a lot of hard stuff

how could these guys have avoided this situation?

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This is really sad. However those are the guys who got “hacked” and all the data base of customers and addresses was compromised. So he got exactly what many of his customers fear.