Ledger co-founder David Balland and his wife were the victims of a kidnap for ransom plot last week, but they were rescued by French authorities after the kidnappers mutilated one of the crypto executive's fingers.

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

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

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

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

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.

Ledger co-founder David Balland had been kidnapped on Tuesday. Earlier reports claimed the other Ledger co-founder Eric Larchevêque was the one kidnapped. Kidnappers reportedly demanded a significant amount of ransom in crypto.

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,