Key Takeaways:
- The Bitcoin Household now hides their crypto seed phrases throughout 4 continents amid rising kidnapping threats.
- Current violent assaults on crypto holders have triggered new private safety measures within the business.
- Crypto executives are more and more hiring personal safety.
A wave of violent kidnappings focusing on cryptocurrency holders is pushing a number of the business’s most well-known figures to overtake their safety — together with Didi Taihuttu, patriarch of the so-called “Bitcoin Household.”
Taihuttu, who famously bought every little thing in 2017 to go all-in on Bitcoin, revealed that his household has deserted {hardware} wallets and now hides their crypto seed phrases throughout 4 continents.
The shift follows a string of threats and rising assaults on crypto holders worldwide.
Even at Gunpoint Attackers Would Get Little
“We now have modified every little thing,” Taihuttu informed CNBC from Thailand. “Even when somebody held me at gunpoint, I can’t give them greater than what’s on my telephone pockets — and that’s not a lot.”
Over the previous eight months, the household moved to a hybrid system: seed phrases are encrypted, cut up, and saved in each bodily and digital codecs.
Some elements are etched onto fireproof metal plates hidden throughout 4 continents. Others are saved by way of blockchain-based encryption providers.
“You solely want to recollect which phrases you modified,” Taihuttu defined. The system ensures that even when attackers entry a part of the seed phrase, they can’t unlock the household’s full holdings.
The choice comes as bodily assaults on crypto holders improve. Moroccan police this week arrested a suspect accused of kidnapping crypto executives.
In France, the daddy of a crypto millionaire was brutally attacked. And in New York, a vacationer was tortured for over two weeks as kidnappers tried to extract his Bitcoin credentials.
Three British males kidnapped a UK crypto dealer in Spain
Demanding a €30K ransom.
The sufferer managed to name a pal, who alerted the police
Resulting in a dramatic rescue.
(5/9) pic.twitter.com/8B7OqwnIta— StarPlatinum (@StarPlatinumSOL) Could 13, 2025
The Taihuttus, who stay totally unbanked and journey full-time with their three daughters, say they’re rethinking even their public presence.
After strangers tracked their residence by way of YouTube movies, they stopped posting journey updates and moved houses.
“We acquired a little bit bit well-known in a distinct segment market — however that area of interest is changing into a giant market now,” Taihuttu stated, noting the household has determined to keep away from touring to France altogether.
About 65% of their crypto is now locked in chilly storage throughout 4 continents. The remainder stays in multi-signature wallets or decentralized exchanges for buying and selling and each day spending.
Taihuttu stated they keep away from centralized vaults and providers, preferring to retain full management.
“What occurs if a type of firms goes bankrupt? You’re placing your capital again in another person’s palms,” he stated.
Crypto Executives Rent Bodyguards
As reported, crypto executives are turning to non-public safety providers as focused kidnappings and ransom makes an attempt proceed to escalate, notably in France.
In Could, personal safety corporations comparable to Infinite Dangers Worldwide, primarily based in Amsterdam, reported a pointy improve in demand from crypto professionals in search of round the clock safety amid rising crypto kidnapping.
The rise in inquiries got here a after spate of violent assaults, together with a number of kidnappings makes an attempt which have alarmed each traders and regulation enforcement.
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