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Crypto CEO Security Costs Surge as Physical Attacks Rise 75%

Crypto CEO Security Costs Surge as Physical Attacks Rise 75%


Gemini has reportedly signed a deal to protect the Winklevoss twins and their families at $400,000 per month.

Coinbase reportedly spent approximately $7.6 million on personal security for CEO Brian Armstrong in 2025, a more than 20% increase from the year before.

This is according to the company’s proxy filings cited in a report by Bloomberg, with the spending coming after physical attacks on crypto holders rose 75% last year. Per data from blockchain security firm CertiK, there have been 72 confirmed incidents and $41 million in known losses.

Crypto Firms Tighten Security After Wave of Violent Attacks

That $7.6 million figure stated in the Bloomberg piece exceeds what…

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