With the rise of cryptocurrencies and the increase in criminals targeting the wealthy in this field, companies like 'Coinbase', 'Circle', and 'Robinhood' have begun spending millions of dollars to secure the protection of their top executives.
- 'Coinbase' spent over $6 million in 2024 to secure its CEO 'Brian Armstrong'.
- Meanwhile, 'Circle' spent $800,000 to protect its CEO 'Jeremy Allaire', and 'Robinhood' allocated $1.6 million for the security of its founder 'Vlad Tenev'.
The recent wave of kidnappings in France, which affected prominent figures such as the founder of 'Ledger' and the daughter of the president of 'Paymium' exchange, has raised concerns among crypto holders, leading to an increased demand for personal protection services.
Additional details:
- Security companies have noticed an increase in inquiries from cryptocurrency investors seeking to avoid risks.
- Crypto holders are advised not to disclose their affiliation with this field to reduce the risk of being targeted by attacks.
- Cryptocurrencies are an attractive target for criminals due to their ease of conversion and difficulty of recovery.