The ‘Bitcoin Family’ has split and hidden seed phrase across 4 continents amid rising kidnappings
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The ‘Bitcoin Family’ has completely overhauled its security measures amid rising cases of crypto-related kidnappings, according to a CNBC report. The family, which sold all their belongings in 2017 to invest in Bitcoin (BTC) and now travels around the world, has taken extreme measures amid a rise in perceived threats. This includes storing parts of their Bitcoin wallet seed phrase etched on fireproof metal plates stored across four continents. The family consists of Didi Taihuttu, his wife Romaine, and their three daughters—Joli, Juna, and Jessa. The Taihuttu family gained the spotlight over the years for living a bankless life supported by Bitcoin. Taihuttu told CNBC: “We have changed everything. Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet on my phone. And that’s not a lot.” Bitcoin Family is not alone in increasing security measures Over the past few months, there has been a dramatic increase in crypto-related kidnapping and extortion cases. Earlier this year, David Balland, co-founder of hardware wallet Ledger, and his partner were kidnapped and tortured, with Balland reportedly losing a finger in the ordeal. Early last month, the video of the attempted kidnapping of the daughter of the CEO of a prominent French crypto exchange in broad daylight went viral, striking fear among individuals with substantial crypto holdings. Following the surge in attacks, the French government vowed to increase security measures for crypto executives. This included priority access to the police emergency line, home visits, and safety guidance and briefings from law enforcement, Politico reported. Days after the incident in France, an Italian tourist escaped the clutches of his kidnappers from a Manhattan apartment. The victim was reportedly held hostage for 17 days and tortured using myriad methods, from electric shocks from tasers to being whipped with a…
