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Crypto elite increasingly worried about their personal safety

Posted on May 18, 2025

According to stories in both of this weekend, cryptocurrency executives and other investors who have important wealth from crypto holdings are becoming more serious about personal security. Wall Street Journal And Bloomberg.

Although crypto currencies have always posed unique security risks, it seems that the rising price of BitCoin is a growing threat to violent abduction, and there are new concerns. A recent coin base violation exposed consumer personal information. (Coin Base said the violation affected less than 1 % of its customers.)

For example, three masked men recently tried to kidnap the daughter and granddaughter of the CEO of the French cryptocurrency company Paymium, which was fired only by the neighbors of the family.

Jetro Pejalman, who works for an unlimited risk of security and intelligence firm in Amsterdam, told Bloomberg that his team is “looking for more inquiries, more long -term clients, and more active requests for crypto investors who do not want to refrain from guards.”

Meanwhile, Coin Base revealed in a regulatory filing that it spent $ 6.2 million on personal security costs for its CEO Brian Armstrong last year – more than joint security costs from JP Morgan, Goldman Sax and Nadia CEO.

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