The Rising Threat of Crypto Kidnappings 👩‍💻 🤺

A Guide to Staying Safe 🔐

The cryptocurrency landscape is facing a new and alarming trend: physical attacks on crypto holders.

Kidnappings, home invasions, and targeted thefts have resulted in losses of hundreds of millions of dollars this year alone.

A recent incident in San Francisco, where a thief posing as a courier stole $11 million, highlights the severity of the situation.

Understanding the Risks 🔒

While coordinated kidnappings are rare, opportunistic thieves are a more common threat.

These individuals often target those who:

🔸Brag about their crypto holdings on social media.

🔸Leave devices with active wallets unattended.

🔸Attend crypto events and stand out with merchandise.

However, organized groups have also been known to target crypto holders, using tactics such as fake delivery disguises and OSINT research to gain access to their victims.

Becoming a Hard Target 🎯

The key to staying safe is to make yourself a less appealing target.

This can be achieved by:

🔸Maintaining a low online profile and avoiding discussions about wealth.

🔸Being cautious about sharing location information.

🔸Using unique usernames and monitoring for leaked data.

🔸Utilizing services like DeleteMe or Optery to remove personal information from the internet.

Securing Your Home 🏡

Most attackers assume that crypto keys are stored at home.

To protect yourself:

🔸Be cautious about letting strangers into your home.

🔸Install security cameras, motion lights, and alarms.

🔸Blur your home on Google Street View.

🔸Consider storing keys in a secure location, such as a bank's safety deposit box.

Best Practices for Crypto Storage 🛍️

Self-custody remains the best way to hold crypto, but it must be done correctly.

Consider using:

🔸Multisig wallets.

🔸Casa Vaults.

🔸MPC wallets with time locks.

Avoid storing your entire portfolio on a phone or browser extension.

Travel Safety 🛩️

When traveling, maintain a low profile and:

🔸Avoid discussing crypto with strangers.

🔸Choose safe hotels and avoid wearing crypto merchandise.

🔸Refrain from posting about your trip until you return home.

Additional Measures for High-Net-Worth Individuals 🍔

If you're a public figure or known crypto holder, consider:

🔸Threat monitoring and privacy services.

🔸Professional security for high-risk travel.

🔸Family briefings on kidnapping scenarios.

In Case of an Attack ⚔️

If you find yourself in a threatening situation:

🔸Run if possible.

🔸Hide if you can't escape.

🔸Fight only as a last resort.

🔸Use panic buttons or emergency apps to alert authorities.

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