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‘Bitcoin Family’ Revamps Security After Crypto Crime Wave

  • The Taihuttu family, known as the Bitcoin Family, overhauled their security in 2025 after a global surge in crypto-related kidnappings targeting executives in France, New York, and beyond.
  • This overhaul followed rising threats including abductions, torture, and ransom demands, which heightened fears after multiple high-profile incidents earlier this year and last month.
  • They abandoned hardware wallets for a hybrid system splitting their 24-word seed phrase into four encrypted parts stored across continents, while executing 80% of trades on decentralized platforms like Apex.
  • Didi Taihuttu stated to CNBC, "We have changed everything," noting that even if attackers obtained 18 of 24 seed words, they cannot access funds, and the family now avoids filming and travel disclosures to protect themselves.
  • The family treats most crypto as a pension fund to access only if Bitcoin reaches $1 million by 2033, implying long-term planning amid a growing market and escalating physical security risks.
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A series of violent kidnappings aimed at directors from the crypto industry destroyed the Community and established a security revolution among the most visible members of the cryptomonies sector, the CNBC, quoted by News.ro.

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Bitcoin, freedom or planetary tracking? When a family burys its cryptos around the globe, it's that fortune also attracts handcuffs... but not always thieves. The article To protect its bitcoins, the Bitcoin Family scatters its secret keys on the 4 continents appeared first on Cointribune.

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Busines and Oil News broke the news in on Saturday, June 7, 2025.
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