The Taihuttu family, known as the "Bitcoin Family," has implemented extensive security measures following a surge in kidnappings targeting cryptocurrency executives. Didi Taihuttu, the head of the family, revealed that they have abandoned hardware wallets in favor of storing seed phrases on steel plates, which are now distributed across four continents. This move aims to protect their assets amid rising threats, including "wrench attacks"—a form of physical coercion against Bitcoin holders. The family has also ceased real-time social media postings to reduce exposure. The increased risk comes after an attempted kidnapping involving the daughter of bitcoin investor Pierre Noizat, highlighting the growing dangers faced by prominent figures in the crypto industry.
NEW: Fox Business interviews @BeccaAmilee on the rise of "wrench attacks" against Bitcoiners and what can be done to protect yourself. https://t.co/C9BY8tfTkp
🧠 Didi Taihuttu, known as the head of the "Bitcoin Family," has completely overhauled the family’s security setup after a wave of high-profile kidnappings targeting #crypto executives shook the industry. The Taihuttu family gained fame in 2017 when they sold all their https://t.co/fMZRLDSQV8
THE BITCOIN FAMILY IS GOING QUIET, NO MORE REAL-TIME POSTS AFTER RECEIVING KIDNAPPING THREATS. THEIR SEED PHRASE? NOW SCATTERED ACROSS FOUR CONTINENTS. https://t.co/SMhhtWGf59