In a bizarre development, an alleged kidnapping story of Ledger co-founder Eric Larchevêque is apparently a hoax. There is little information about Larchevêque‘s current whereabouts, but a “Justice for Eric” meme coin launched and crashed.

This strange episode took off like wildfire through crypto social media, but there was apparently not a scrap of proof.

Who Kidnapped Eric Larchevêque?

Ledger, a hardware wallet firm based in France, has experienced some difficulties recently. Its most recent major headlines were related to phishing scams targeting its users. However, today’s incident is far more dramatic.

According to local media, Ledger’s co-founder Eric Larchevêque was kidnapped. The report even alleged that the criminals demanded Bitcoin as a ransom.

This incident raises a lot of questions. For one, Larchevêque hasn’t been involved with Ledger since resigning in 2019. It appears that the kidnapping was staged, but this claim comes from an odd source.

Eventhough the rumor spread like a wildfire across social media, Larchevêque didn’t make any posts clarifying his current state. He’s a fairly active user on X (formerly Twitter), yet his last post was over 24 hours ago.

Instead, local crypto reporter Grégory Raymond stated that it was a hoax.

“We are able to assure that Eric Larchevêque (co-founder of Ledger) is not involved in the kidnapping rumor about him. Be careful with published information that could threaten an ongoing investigation in France and possibly someone else’s life,” Raymond claimed.

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Author: Landon Manning