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Kidnapping of Ledger Co-Founder Highlights Security Risks in Crypto Industry

In a harrowing incident that has sent shockwaves through the cryptocurrency community, David Balland, the 36-year-old co-founder of French crypto hardware firm Ledger, was kidnapped alongside his partner, Amandine, from their home in Vierzon, central France. The armed assailants demanded a €10 million ransom,...

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Kidnapping of Ledger Co-Founder Highlights Security Risks in Crypto Industry

In a harrowing incident that has sent shockwaves through the cryptocurrency community, David Balland, the 36-year-old co-founder of French crypto hardware firm Ledger, was kidnapped alongside his partner, Amandine, from their home in Vierzon, central France. The armed assailants demanded a €10 million ransom, and in a brutal act of coercion, severed one of Balland's fingers. This alarming event underscores the escalating personal security...

Cryptocurrencies

China’s Ongoing Struggle to Control Underground Cryptocurrency Trading

Despite China's stringent regulations against cryptocurrency trading, underground brokers continue to facilitate large-scale transactions, enabling individuals to convert yuan into digital assets. This clandestine activity...

Bitcoin’s Price Reacts to Inflation Data

Bitcoin, the world's leading cryptocurrency, has recently surpassed the $100,000 mark, reflecting a significant milestone in its volatile journey. This surge is closely linked to...

BitMEX Fined $100 Million for AML Violations: A Stark Reminder for the Crypto Industry

The cryptocurrency industry faced a significant compliance reckoning when BitMEX, a leading cryptocurrency exchange, was fined $100 million for willfully violating anti-money laundering (AML) laws....

Crypto market

Kidnapping of Ledger Co-Founder Highlights Security Risks in Crypto Industry

In a harrowing incident that has sent shockwaves through the cryptocurrency community, David Balland, the 36-year-old co-founder of French crypto hardware firm Ledger, was kidnapped alongside his partner, Amandine, from their home in Vierzon, central France. The armed assailants demanded a €10 million ransom, and in a brutal act of coercion, severed one of Balland's fingers. This alarming event underscores the escalating personal security...

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