A surge in real-world assaults on cryptocurrency owners has spurred top figures to overhaul how they safeguard their assets. They’re no longer just guarding against hackers—they’re bracing for kidnappers and armed thieves.
Over the past eight months, they moved to this hybrid system. It means that even if attackers find one piece, they can’t crack the whole code.
These incidents have raised fears across the industry. Some estimates say that up to 65% of Taihuttu’s holdings now sit in cold storage across different continents.
In May, private security firms such as Infinite Risks International saw a sharp jump in demand from crypto professionals seeking round-the-clock protection. Bodyguards and safe houses are no longer a luxury. They are becoming a necessity.
Many industry insiders now carry panic buttons and use anonymous phones to keep their movements secret.
The Taihuttu family has also pulled away from big vault services and bank-like custodians. They say they prefer full control over their assets.
According to Taihuttu, putting your coins into a company’s vault can backfire if that firm runs into trouble. Instead, they rely on a mix of cold storage, multi-signature wallets, and decentralized exchanges for trading and daily spending.
Featured image from Pexels, chart from TradingView
