Executive officials in the encrypted currency face increasing security threats and kidnapping of a target

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Threats against prominent names in The world of encrypted currency It increases with the continued growth of the value of industry holdings.

Geno Roefaro, CEO of Saferwatch, headed by Florida, a security platform aimed at enhancing emergency response through public and private institutions, noticed an increasing trend: the growing crime groups are increasingly targeting encrypted currency holdings of individuals using “advanced roads”.

Jethro Pijlman, the managing director of the Infinite Risks International, a company that provides security and material intelligence services for cryptocurrencies, said threats against encryption managers have increased significantly in the world since 2021.

Last week, a group of men tried to attack the daughter of Paymium, CEO of French Pierre noizat on the street in Paris in broad daylight. Earlier this year, the founder of the French Chefir Company Ledger and his wife were kidnapped. In a separate accident, the father of another encryption company was kidnapped, according to Reuters. While they were all rescued, it has sparked a feeling of fear and urgency among other individuals who appreciate the high networks in this sector.

In addition, there was a “particularly high concentration in Asia,” said Bigman.

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Jethro Pijlman, Managing Director of Infinite Risks International, based in the Netherlands, a company that provides physical security and intelligence services to encrypted currency owners, said Fox Business that threats against CEO executives may (Istock)

Coinbase revealed In a recent organizational file that he spent $ 6.2 million last year on the personal security of CEO, Brian Armstrong.

“This trend is in line with the periodic nature of the encryption markets,” Begman said. ”

CEO Coinbase Brian Armstrong

Coinbase CEO Brian Armstrong speaks at the Milkin International Institute conference in Beverly Hills, California, on May 2, 2022. (David Swanson / Reuters)

Last fall, for example, Pioneer of encryption Justin Sun The famous banana channel from Maurizio Katilan bought a work of art on the wall for $ 6.2 million. The purchase itself was not only worthy of observation, but the Sun Blockchain was filmed in 2017, in eating viral fruits during a press conference in Hong Kong. To celebrate the moment, also posted a comment on the cheek on X about the taste of viral fruits.

“Unfortunately, this general exposure often occurs without adequate awareness of the dangers of personal security,” Begman said, adding that “many individuals are inadvertently share sensitive information on the Internet.” This includes travel paths, or attendance in industry events or meetings, luxury vehicles with visual licensing panels, specific backgrounds and actual videos of high -end restaurants, clubs or private gatherings. Even posts or brands by friends can unintentionally reveal their location, according to Pigman.

“This type of content provides a treasure of intelligence for criminal organizations. It is not uncommon for these groups to monitor the target fingerprint for weeks or even months before carrying out a robbery or kidnapping. The level of details available through open intelligence often exceeds.”

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Begman said that his company applies the same technologies used to determine the location of individuals in threats assessments to proactively protect their customers. This includes actual time alerts when excessive participation and assistance to customers to control their online behavior to reduce exposure. The company’s transportation services are delivered exclusively by drivers trained in security. In most major cities across Europe and the United States, the company publishes executive protection agents, and they are often with governmental or military backgrounds, specializing in reducing personal risks during customer movements. It also provides residential security solutions, including armed protection.

Rivaro Fox Business told the rapid rise in the weeping wealth that added a new layer of complexity to the executive protection.

Bitcoin

In most major cities across Europe and the United States, Infinite International is risking executive protection agents, and they often have governmental or military backgrounds, who specialize in reducing personal risks during customer movements. (Reuters)

“With the growth of digital wealth, the risk of targeted attacks. Employing personal security by the upper encoders is not just a direction but a strategic necessity.” It is a clear indication that personal security must develop in it Along with financial innovation. “

Rivaro, which has created a separate device to help executives, other employees and their families help without paying any attention, has also a customer in the encrypted currency space.

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This is the most attractive type of high -value goals for organized crime, according to Rivaro, because the origin they already steal in the form of a digital currency. Riveru said it was also difficult for victims to recover from losses because they transfer them internationally.

Chun Wthongchain, founder of Cloudcoin, one of the first digital currencies based on the Blockchain group, said that cryptocurrency such as Bitcoin carries risk of theft and loss due to its dependence on one critical component known as the private key.

“This” golden egg “is a basic weakness, as there are no compact guarantees to mitigate the risks it offers. Employees-such as system officials or software developers in cryptocurrencies-can get unveiled funds, letting companies suffer from significant financial losses with small few or account.



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