TechFlow Beichwang News - On March 23rd, according to DL News, David Balland, co-founder of French Ledger, was kidnapped by a criminal gang in January 2025. The perpetrators cut off his fingers and extorted bitcoin worth $11.5 million. Following the incident, police quickly acted to rescue Balland and his partner, and arrested 10 suspects at the scene, though one suspect escaped to Spain during the chaos. After weeks of joint pursuit by French and Spanish police, the suspect was finally apprehended in Benalmádena, Spain. Currently, the Fuengirola Court is proceeding with extradition procedures based on the EU European Arrest Warrant agreement, and French authorities have confirmed they have identified and arrested all individuals involved in the case.