Ledger co-founder David Balland was kidnapped for ransom \ stacker news ~bitcoin

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Ledger co-founder David Balland was kidnapped for ransom njump.me/nevent1qqsf6f4xxyf48w86zc69zj473y7nm0l9mh6zzt9xd8vk566juv02wdcppemhxue69uhkummn9ekx7mp0qgs0w2xeumnsfq6cuuynpaw2vjcfwacdnzwvmp59flnp3mdfez3czpsrqsqqqqqph3hvd6

2401 sats \ 32 comments \ @kepford 23 Jan bitcoin

Ledger co-founder David Balland was kidnapped and a cryptocurrency ransom was demanded. Sounds like they cut off one of his fingers and sent it with the ransom demand.

He was rescued by GIGN and multiple suspects are in custody.

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334 sats \ 3 replies \ @elvismercury 23 Jan

It will only get more relevant I'm afraid.

96 sats \ 1 reply \ @SimpleStacker 23 Jan

I'm small time, but as bitcoin keeps going up I've stopped wearing any of my bitcoin gear or advertising that I have bitcoin. What's the point in making yourself a target.

61 sats \ 0 replies \ @scoopa 24 Jan

good call. homie from the company i worked at here in TO also got napped. no bueno.

27 sats \ 0 replies \ @siggy47 23 Jan

I thought of your old post immediately.

105 sats \ 0 replies \ @kepford OP 23 Jan

The stories we don't hear worry me more.

86 sats \ 0 replies \ @BlokchainB 24 Jan

They were caught:

According to sources close to the case, the kidnappers accepted ransom in Tether (USDT), which was quickly seized and frozen. Eight people have been arrested thus far in connection with the kidnappings.

Source

Terrible crime even worse choice of what to be paid in. And this is where I am conflicted. It sucks the tether was frozen but at the same time it solved the crime the criminals will get punished

81 sats \ 0 replies \ @StillStackinAfterAllTheseYears 23 Jan

One of the reasons good basic practice should be to not let anyone who knows more then your nym know that you have bitcoin. Obviously, that's not really avoidable for anyone who's a public figure in the bitcoin world.

72 sats \ 0 replies \ @DarthCoin 23 Jan

58 sats \ 0 replies \ @criptopanas 24 Jan

What can we lear from this episode?

IMO, the most important call is not to "advertise" that you're a Bitcoin hodler, as wearing clothes or hats with the BTC logo.

Second, be aware when you talk about BITCOIN with an estranger, maybe you're sharing too much information.

Third, think about the best custody system for your personal cases, maybe having a decoy wallet could be a good way to implement.

What would you add to this short list??

21 sats \ 7 replies \ @Satosora 23 Jan

Publicity stunt?

0 sats \ 6 replies \ @fm 23 Jan

specially if the finguer part is true.. can you imagine

1 sat \ 1 reply \ @DarthCoin 23 Jan

10 sats \ 0 replies \ @Satosora 23 Jan

They also make fake fingertips for the japanese yakuza.

0 sats \ 3 replies \ @Satosora 23 Jan

Some people will do anything for attention.

0 sats \ 0 replies \ @DarthCoin 23 Jan

also we can have fake fingers...

0 sats \ 1 reply \ @NovaRift 23 Jan

But cutting off a finger just for attention is wild.

0 sats \ 0 replies \ @kepford OP 23 Jan

Didn't work for them apparently

21 sats \ 0 replies \ @MAKESONGSLONGER 26 Jan freebie

I read that they cut off his finger. 😢

12 sats \ 0 replies \ @stack_harder 23 Jan

good thing they didnt go for the car battery on the balls!

1 sat \ 0 replies \ @mod 24 Jan freebie

🚩 This post might be more relevant and engaging in the ~news territory.

0 sats \ 0 replies \ @000w2 24 Jan

His address was probably made public in the ledger leak.

0 sats \ 0 replies \ @PictureRoom 24 Jan

Is this factual information? That's insane

0 sats \ 1 reply \ @krispy_donkey 23 Jan

When the time comes to store your seed phrase, how do you store it an I manner that makes kidnapping you pointless? Some people say ‘bury it 12 feet deep in your backyard’ or something, but that is not kidnap /torture resistant. If holding Bitcoin for financial gain has an Achilles heel, this is it.