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Crypto Wealth Spurs Demand for Bodyguards Amid Rising Kidnapping Threats

  • A failed kidnapping attempt in Paris targeting a crypto executive’s family has raised concerns over physical threats to crypto holders.
  • Private security firms are experiencing increased demand from crypto investors seeking protection services, including bodyguards.
  • Firms like Circle and Robinhood are allocating millions annually for executive protection, recognizing personal security as crucial amid growing wealth exposure in the crypto industry.
  • The rise in demand for private security follows incidents like the kidnapping attempt on a French crypto executive’s family and concerns over data leaks that have put wealthy holders at risk.

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