Gemini has reportedly signed a deal to guard the Winklevoss twins and their households at $400,000 per thirty days.
Coinbase reportedly spent roughly $7.6 million on private safety for CEO Brian Armstrong in 2025, a greater than 20% improve from the 12 months earlier than.
That is in accordance with the corporate’s proxy filings cited in a report by Bloomberg, with the spending coming after bodily assaults on crypto holders rose 75% final 12 months. Per knowledge from blockchain safety agency CertiK, there have been 72 confirmed incidents and $41 million in identified losses.
Crypto Companies Tighten Safety After Wave of Violent Assaults
That $7.6 million determine stated within the Bloomberg piece exceeds what main Wall Avenue banks usually disclose for CEO safety. For context, Gemini reportedly spent round $2.5 million on safety for the 2 co-founders, Cameron and Tyler Winklevoss, in 2025 and has since signed a deal to guard the twins and their households for $400,000 per thirty days.
Circle spent practically $800,000 on its CEO, Jeremy Allaire, in 2024, whereas Robinhood spent roughly $1.6 million on Vlad Tenev. The remainder of the trade response may be noticed in different places as nicely. For instance, through the Bitcoin 2026 convention in Las Vegas simply final month, high-profile audio system may very well be seen strolling round with private bodyguards.
And to point out how severely the group is taking safety, a workshop led by Bitcoin safety knowledgeable Ben Perrin that taught attendees how one can defend their digital property below bodily coercion, in addition to how one can use decoy wallets, time-lock mechanisms, and duress options on {hardware} wallets, was some of the closely attended on the convention.
It was the identical a number of weeks earlier at Paris Blockchain Week, the place friends had been escorted by a police motorcade to a VIP dinner whereas organizers doubled safety across the occasion.
The menace may be very actual, as seen when a crypto holder identified on-line as Sillytuna reported in March that armed attackers stole round $24 million in tokens after bodily intimidating him and threatening him with kidnapping and sexual assault.
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The Structural Drawback Beneath the Headlines
The explanation why crypto house owners are so weak boils right down to the know-how itself. As we all know, public blockchains are pseudonymous and never nameless, thus revealing possession data for anybody with correct analytical instruments to view. As such, leaked trade knowledge and chain analytics have collectively created, as Bloomberg put it, “a legible map of who holds what.”
For that cause, demand for defense providers has responded accordingly. Government Danger Companies, a agency targeted on the digital-asset trade, went from receiving shopper inquiries roughly as soon as per quarter two years in the past to about as soon as every week now.
In the meantime, Amsterdam-based Infinite Dangers Worldwide, which gives bodyguards, armored autos, and social media monitoring to crypto holders, has seen extra inquiries, extra long-term purchasers, and extra proactive requests, in accordance with managing director Jethro Pijlman. In line with the report, France has change into a hotspot for crypto crime after a string of attacks on crypto entrepreneurs and their households.
Issues have gotten so dangerous that final 12 months, the nation’s Inside Minister promised to establish a precedence emergency quantity for the trade, with elite police models providing safety briefings for crypto executives and their households.
