Deep Tide TechFlow News, on May 18, according to Bloomberg reporter Emily Nicolle's post on platform X, Coinbase paid a total of $6.2 million in personal security expenses for its CEO Brian Armstrong last year, which exceeds the total security expenses paid by JPMorgan, Goldman Sachs, and NVIDIA for their executives.

Recently, cryptocurrency billionaires have been frequently targeted by kidnapping and extortion incidents, prompting them to strengthen security measures and hire bodyguards to counter potential threats.