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Crypto elite increasingly worried about their personal safety

  • Cryptocurrency executives and investors are increasingly concerned about their personal safety, as reported by Wall Street Journal and Bloomberg.
  • The rise in value of Bitcoin has led to a growing threat of violent abduction targeting individuals with significant wealth from crypto holdings.
  • Security experts are observing an increase in inquiries and demands for proactive security measures from crypto investors, emphasizing the importance of intelligent security measures at this level of business.
  • Coinbase disclosed spending $6.2 million on personal security costs for its CEO in the previous year, surpassing the combined security expenses for CEOs of major companies like JP Morgan, Goldman Sachs, and Nvidia.

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