The encryption elite is increasingly concerned about their personal safety

Executive managers in the cryptocurrency and other investors who have a great wealth of Crypto Holdings are getting more dangerous about personal security, according to stories at the end of this week in both Wall Street Magazine and Bloomberg.

Although encrypted currencies have always created unique security risks, it seems that there is an increasing threat to violent kidnapping due to the increasing value of Bitcoin, as well as new concerns after that Coinbase recently violated exposed personal information. (Coinbase said that the breach affected less than 1 % of its customers.)

For example, three masked men recently attempted to kidnap the daughter and granddaughter of the CEO of the French company Paymium, just to be expelled by family neighbors.

Jethro Pijlman, who works for Infinite Risks International in Amsterdam, told Bloomberg that his team is witnessing “more inquiries, more customers in the long run, and more active requests than encryption investors who do not want to obtain guarding” and realizes that “” smart security measures are part of the cost to work At this level.

Meanwhile, Coinbase revealed in an organizational file that it spent $ 6.2 million in the personal security costs of its CEO, Brian Armstrong last year – more than the joint security costs of JP Morgan, Goldman Sachs and Nvidia.