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Crypto Industry Faces Growing Security Threats, Urging Stronger Protections

**AI Summary**

The cryptocurrency sector is grappling with rising security risks, including physical attacks and extortion, prompting urgent action to protect personal and financial safety.

PANews reports that Carl Agnelli, former U.S. agent and a16z security chief, has warned crypto founders, operators, and investors about increasing physical and personal security dangers, such as kidnappings, shootings, and extortion. In his article, Agnelli details violent crime trends and suggests preventive steps, including daily security routines, vigilance against data leaks, using decoy wallets, installing home surveillance, segregating funds, and creating emergency plans. He stresses that security must be a core component of crypto industry operations.