Cryptocurrency guidelines and other investors with considerable wealth of crypto companies are becoming more serious about personal safety, according to stories this weekend in both The Wall Street Journal And Bloomberg.
Although cryptocurrencies have always created unique security risks, it seems that there is an increasing threat of violent kidnapping due to the growing value of Bitcoin, as well as new concerns after a recent personal information from the Coinbase Breach Breach. (Coinbase said the infringement struck 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, but are only driven out by the neighbors of the family.
Jethro Pijlman, who works for Amsterdam-based security and intelligence company Infinite Risks International, said Bloomberg that his team “questions more, more long-term customers and more proactive requests from crypto-investors see who do not want to be caught.”
In the meantime, Coinbase revealed in a regulatory submission that last year it spent $ 6.2 million in personal security costs for his CEO Brian Armstrong – more than the combined security costs for the CEOs of JP Morgan, Goldman Sachs and Nvidia.
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