Didi Taihuttu, patriarch of the so-called “Bitcoin family”, has revised his digital asset security setup after a wave of violent attacks on crypto owners.
The family, which can go to Bitcoin for Bitcoin All-in in 2017, now hides parts of their private keys on 4 continents. In a CNBC interview, Taihuttu said that he’s now using a hybrid approach as an alternative of only counting on hardware money exchanges.
Taihuttu told CNBC that the family had modified every little thing. “Even if someone held me up with a gun held up, I cannot give it greater than what’s on my wallet or phone. And that's not much,” he said.
The security overhaul is in the midst of a wave of criminal activities, including kidnapping and extortion attempts which can be geared toward crypto users. Taihuttu said the threats had forced them to rethink their security strategy.
Buttons divided, encrypted and saved worldwide
The family's seed phrase is encrypted and divided into 4 parts. Taihuttu said that it’s saved by hand with blockchain-based services and fireproof metal plates. The panels are then hidden in physical places worldwide in order that the family can eliminate possible trimming points of their security system.
Taihuttu added a private encryption layer to further strengthen the setup by changing just a few words within the seed phrase, making it unusable without the suitable context.
The family lives a nomadic lifestyle and travels worldwide to advertise Bitcoin. Due to the increasing threat to crypto owners, Taihuttu said that the family didn’t publish real-time updates online after they received threats to individuals who have persecuted with social media.
Taihuttu said that around 65% of the family's assets can be kept within the reference as a part of their recent safety model. Your hot wallets for trade and costs are protected by multi -signature protocols.
Crypto-linked crimes that rise
With increasing prices for digital assets even have incidents of crypto crime. At the tip of 2024 and early 2025, top -class cases appeared in France, Pakistan, Australia and Canada and combined violent crimes with the possession of crypto.
In January, gang members within the United Kingdom were convicted of kidnapping, torture and extortion of a crypto investor. In February, six men kidnapped a family of three in Chicago and demanded the transmission of $ 15 million of crypto.
In March, Streamer Kaitlyn Siragusa, referred to as “Amouranth” online, became the victim of a house vasion, by which the perpetrators held them with a gun held and demanded the transfer of crypto assets. In May, the South Korean police arrested a Russian citizen after a crypto robbery of 730,000 US dollars failed.
On May thirteenth, three masked men, the daughter and grandson of Pierre Noizat, the co -founder and CEO of French Crypto Exchange Paymium tried to kidnap. The suspects attacked Nova's daughter and a male partner while she went along with her son in Paris.
The male partner was attacked, while Noizat's daughter opposed and took one in all the weapons from the attackers. People finally got here in and compelled the attackers to flee from the scene.
