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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<\/a> and Bloomberg<\/a>.<\/p>\n While cryptocurrencies have always created unique security risks, it seems there\u2019s 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\u2019 personal information<\/a>. (Coinbase said the breach affected less than 1% of its customers.)<\/p>\n For example, three masked men recently attempted to abduct the daughter and granddaughter\u00a0of the CEO of French cryptocurrency company Paymium, only to be driven off by the family\u2019s neighbors.<\/p>\n Jethro Pijlman, who works for Amsterdam-based security and intelligence firm Infinite Risks International, told Bloomberg that his team is seeing \u201cmore inquiries, more long-term clients, and more proactive requests from crypto investors who don\u2019t want to be caught off guard.\u201d<\/p>\n Meanwhile, Coinbase revealed in a regulatory filing that it spent $6.2 million in personal security costs for its CEO Brian Armstrong last year \u2014 more than the combined security costs for the CEOs of JP Morgan, Goldman Sachs, and Nvidia.<\/p>\n<\/div>\n