David Balland, a founder of Ledger, a prominent cryptocurrency company, and his wife were freed after a 48-hour police search. Ten people have been arrested.

French police have arrested 10 people suspected of involvement in the kidnapping and torture of the co-founder of a global crypto currency company and his partner, prosecutors said, with the case to be handed to anti-gang investigators Friday.

French authorities have reportedly rescued the co-founder of hardware wallet firm Ledger and his wife after they were kidnapped and held for ransom.