Ledger Co-Founder Erich Larchevêque Kidnapping Rumors Debunked

Reports circulating on social media claiming that Ledger co-founder and CEO Erich Larchevêque had been kidnapped have been reportedly debunked by a local source. The initial claims, which were posted on X, suggested that a top Ledger executive had been kidnapped and was being ransomed by bad actors while French police investigated the matter.

Although Larchevêque was not explicitly named in the original post, a photo of the CEO attached to the tweet fueled widespread speculation. The post alleged that French police and the GIGN were investigating a potential kidnapping in Vierzon, near Larchevêque’s residence.

Investigative Firm Debunks Rumors

Gregory Raymond, head of research and co-founder at investigative firm The Big Whale, later dismissed the claims. According to Raymond, there is no truth to the reports of Larchevêque’s involvement in any kidnapping.

Be careful with published information that could threaten an ongoing investigation in France.

Ledger, a leading hardware wallet manufacturer, was co-founded in 2014 by eight cryptocurrency experts, including Erich Larchevêque, David Balland, Joel Pobeda, Nicolas Bacca, and Thomas France. The company reached a valuation of $1.4 billion following a $108 million funding round in 2023.

Tips for Verifying Information Online

In light of this incident, it’s essential to exercise caution when sharing or consuming information online. Here are some tips for verifying information:

  • Verify information through reputable sources before sharing it.
  • Be cautious of sensational or unverified claims.
  • Avoid spreading rumors or misinformation that could harm individuals or compromise investigations.

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