Deep Tide TechFlow News, on July 3rd, according to Decrypt, Australian cryptocurrency billionaire Tim Heath successfully escaped from a meticulously planned kidnapping attempt by biting off the attacker's finger. According to a hearing in an Estonian court last week, the attacker disguised himself as a painter and used a GPS tracker and a disposable phone to monitor Heath's movements. After the incident, Heath has invested approximately 2.7 million euros to enhance his personal security.

Such "ransom attacks" (physical violence threats) targeting cryptocurrency holders are on the rise, including the case of Ledger co-founder David Balland, who was kidnapped and had his finger chopped off in January this year. Experts warn that regulatory measures like the FATF travel rules may inadvertently increase risks, as these rules require linking cryptocurrency wallets to real identities.