<ul><li>Major crypto firms like Coinbase, Circle, and Robinhood investing heavily in personal security for their top executives due to increasing risks like kidnapping and extortion in the industry.</li><li>Coinbase allocated over $6 million for CEO security, Circle spent $800,000, and Robinhood allocated $1.6 million to protect their top executives, reflecting the seriousness with which crypto firms are addressing physical threats.</li><li>A rise in kidnappings in Europe, particularly in France, has driven the demand for personal protection among prominent crypto figures, leading to a realization of the importance of proactive security measures.</li><li>Experts advise crypto investors to keep their holdings private to avoid becoming targets for criminals, especially in light of recent data breaches and the inherent risks associated with the decentralized nature of cryptocurrencies.</li></ul>

Crypto Executives Spend Millions on Security

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