Crypto investors now face growing risks from physical attacks and targeted kidnappings in several countries.
Security firms report more long-term contracts as crypto holders take personal safety more seriously.
Data leaks have increased fear as criminals use stolen details to target crypto users in real life.
Cryptocurrency investors now face a growing threat beyond cyberattacks. In recent months, physical attacks and kidnappings have surged. In France alone, several high-profile cases have alarmed both investors and authorities.
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Attackers now target individuals with large crypto holdings, attempting to extract funds through violence and ransom.
Security Firms See Spike in Demand
Security companies across Europe report a significant rise in long-term protection contracts. Wealthy crypto holders now treat personal safety with the same urgency as digital security.
Many investors now use armored vehicles, background checks, and monitor their online presence. Security experts confirm more inquiries and ongoing contracts from cryptocurrency clients, reflecting growing safety concerns.
France Responds With Protective Measures
French law enforcement has responded by increasing support for crypto investors and entrepreneurs. Authorities now offer security briefings and fast emergency responses to at-risk families.
Police also advise investors to avoid displaying wealth or wearing crypto-themed clothing in public. These recommendations aim to reduce the chance of becoming a target.
Recent Kidnappings Highlight the Danger
Several violent incidents have brought attention to the problem. In one case near Paris, attackers kidnapped the father of a crypto entrepreneur. The attackers mutilated the victim before police intervened.
In another case, kidnappers targeted a co-founder of a major crypto company. Authorities rescued the victim before any funds were transferred. These events have forced families to reassess safety routines.
Attempted Kidnapping Sparks National Attention
On May 13, masked assailants attacked the family of a crypto exchange CEO. The group tried to force the man's daughter and grandson into a van. A passerby intervened.
The attackers fled, and the family escaped unharmed. The incident shocked the crypto community. French officials quickly scheduled meetings with industry leaders to review protective protocols.
Data Leaks Add to Security Fears
Online threats continue to fuel offline risks. A recent data breach at Coinbase exposed sensitive details of several users. Hackers accessed names, addresses, and ID documents.
Though only a small percentage of users were affected, the breach created serious concerns. Criminals used stolen data to trick users into giving up crypto wallets or transferring funds.
Experts Warn of Shifting Criminal Tactics
Security analysts now see a shift from online scams to physical crimes. Improved online defenses have forced criminals to change methods. Personal attacks are now more common, especially against high-value targets. Many experts believe that crypto holders will remain at high risk unless they invest in robust personal protection.
As physical threats grow, investors no longer focus solely on protecting digital wallets. Their personal safety now takes equal importance.