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    Home»Tech Info»The encryption elite is increasingly concerned about their personal safety
    Tech Info

    The encryption elite is increasingly concerned about their personal safety

    TenznewsBy TenznewsMay 18, 2025No Comments1 Min Read
    The encryption elite is increasingly concerned about their personal safety
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    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, there is an increasing threat to violent kidnapping due to the increasing value of Bitcoin, as well as new concerns after recently exposed Coinbase. (Coinbase said that the breach affected less than 1 % of its customers.)

    For example, three convincing men have recently tried to kidnap the daughter and granddaughter of the CEO of French company Cryptocurrency Complem Paymium, just to be expelled by family neighbors.

    Jethro Pijlman, who works for Infinite Risks International, which is based in Amsterdam, told Bloomberg that his team is witnessing “more inquiries, long -term customers, and more active requests than encryption investors who do not want to be keen to guard.”

    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.

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