Whales and other large crypto holders are increasingly becoming targeted by criminals for kidnapping and coercion, especially as public blockchain records paired with leaked data and on-chain analytics have made it easier to identify the big transactions and huge wallets. Bloomberg reports that incidents of physical attacks against crypto holders have increased by 75% in 2025 — note that this only counts the 72 confirmed reports with $41 million worth of cryptocurrency lost. It’s suspected that the actual number might even be higher, as some victims do not notify the authorities and simply pay the ransom demand.

Because of this, many individuals and institutions are now investing in physical security to keep themselves and their…