Crypto elite increasingly worried about their personal safety

In Brief Cryptocurrency executives and other investors with significant wealth from crypto holdings are getting more serious about personal security, according to stories this weekend in both the Wall Street Journal and Bloomberg. While cryptocurrencies have always created unique security risks, it seems there’s a rising threat of violent abduction due to the growing value of Bitcoin, as well as new concerns after a recent Coinbase breach exposed customers’ personal information. (Coinbase said the breach affected less than 1% of its customers.) For example, three masked men recently attempted to abduct the daughter and granddaughter of the CEO of French cryptocurrency company Paymium, only to be driven off by the family’s neighbors. Jethro Pijlman, who works for Amsterdam-based security and intelligence firm Infinite Risks International, told Bloomberg that his team is seeing “more inquiries, more long-term clients, and more proactive requests from crypto investors who don’t want t ... Read full article.