🚨 LATEST: Crypto elites are hiring bodyguards as risks rise.

Coinbase spent $6.2M on CEO security last year, per Bloomberg.

Security Investment Context:

- Coinbase's $6.2M security expenditure exceeds the combined security costs for CEOs of major companies including JPMorgan Chase, Goldman Sachs, and Nvidia.
- Recent incidents have accelerated the trend toward enhanced security measures.

Recent Threats and Incidents:

1. Paymium CEO Family Attack
- Attempted abduction of the CEO's family members in Paris
- Three masked assailants used mace and firearms
- Targeted a 34-year-old daughter and a toddler
- Attack thwarted by husband and neighbors
2. Ledger Co-founder Incident
- Violent kidnapping of David Balland and his wife in France
- Part of an increasing pattern of violent attacks targeting crypto executives

💡 Read more: https://www.bloomberg.com/...