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Authorities arrest missing suspect in Ledger co-founder David Balland’s kidnapping

The Block
Spanish authorities arrested the final suspect in the January 2025 kidnapping of Ledger co-founder David Balland.

Summary

Spanish authorities have apprehended the final suspect involved in the January 2025 kidnapping of Ledger co-founder David Balland and his wife, who were abducted from their central France home for a 10 million euro ransom. At least ten individuals were initially arrested following the rescue, facing charges like gang-related kidnapping and torture. The final, unnamed suspect was captured in Andalusia, Spain, after fleeing the country. The kidnappers are reportedly connected to a sophisticated network operating out of Morocco. The abduction was particularly violent, as attackers severed one of Balland's fingers, and his wife was rescued after being locked in a car trunk.

(Source:The Block)