NEWS  /  Brief News

Kidnapping Fears Trigger Security Overhaul Among Crypto Evangelists

Jun 09, 2025, 1:55 a.m. ET

AsianFin -- A recent wave of high-profile kidnappings targeting cryptocurrency executives has shaken the digital asset world and quietly sparked a sweeping shift in personal security measures among its most prominent figures.

Didi Taihuttu, the patriarch of the so-called “Bitcoin Family,” said he has completely revamped his family’s security strategy in response to mounting threats.

Known for selling all their possessions in 2017 — including their home and even shoes — to go all-in on bitcoin when it traded around $900, the Taihuttus have lived a nomadic, unbanked lifestyle with their three daughters, embodying a radical crypto ethos.

In the past eight months, Taihuttu said the family abandoned traditional hardware wallets in favor of a hybrid security system. Their new approach involves encrypting and splitting seed phrases across blockchain-based services and physical locations scattered across four continents — a blend of analog and digital safeguards designed to thwart any physical threats.

Please sign in and then enter your comment