After a violent kidnapping, the encryption elite employs personal guards

Early in the morning of January 21, David Balind and his wife were forced to threaten separate vehicles outside their home in Merio, a municipality in the Luwar Valley, France. The kidnappers had targeted Balind, who established an encrypted currency portfolio company Professor’s bookIn order to win a ransom, the public prosecutor claimed.

The kidnappers informed their demands – their details have not been disclosed by the application of the law – to éric Larchevêque, one of the founders of the Professor’s book. To complete the full payment, they cut one of the fingers in the Index. The French authorities sent more than two hundred investigation officers.

On January 22, Balland officers rescued a property in the neighboring town of Châteauroux. They later discovered his wife – who was deported, but they were not hurt – at the back of a truck that was beaten.

These events were transferred by the Paris Prosecutor Lauer Picoow in A. press conference On January 23, and in Subsequent reports. Pico announced that the authorities had arrested ten people suspected of being kidnapped. She said that the actions of “torture, barbarism and extortion”, those who were arrested face life in prison if they are convicted.

Ledger refused to comment, noting the ongoing investigation and the need to bear the costs of privacy to Balind. in X post “We felt deeply comfortable because David and his wife have been released,” said Pascal Gutica CEO of Ledger Gutic.

The amazing kidnapping – which came shortly after the CEO of the encryption It was held for a ransom In Canada and Assassination From United Health Care Executive Director – Disbent the encryption industry. To protect themselves, wealthy encryption figures turn into personal guards, which have witnessed a flow of requests, and sources with the knowledge of the financial security sector telling WIRED.

“Like any human emotion, fear is a great incentive … Certainly physical security services,” says Adam Haley, one of his marine Mashhari and CEO at Crypto, who focuses on Crypto, which frequently helps in communications in obtaining industry communications on insurance. “The demand grew greatly.”

Since every case of kidnapping or extortion is not reported, it is difficult to assess the actual risks of wealthy numbers in encryption. In making fear of kidnapping more severe, the main headlines of private security companies are useful, which stimulates themselves to exaggerate the threat.

However, this is the case that people who control large amounts of encryption are more exposed to Violent blackmail From the typical executive authority through the nature of technology: unlike the regular currency, the encryption is stored in digital portfolio protected only by digital alphabet. Since the encryption transactions are irreversible, if the bad actor can force someone to deliver his key, they get unrestricted access to coins in his wallet.

“This is one of the principles in which Crypto-Self-Reserve Principle was established. One of Crypto’s executives who has previously used the protection of the personal guard, who asked not to be identified for personal safety reasons.” It is equivalent to filling your money in your ranks. ”

Over time, encryption organizations have taken steps to reduce the risks associated with the self -associated body, including by storing coins in private governorates that require the signature of many people for any transactions. Sometimes, they go to the point of dividing the keys of the portfolio into several fragments, each of which can be Stored in a very secure separate warehouse All over the world. But even immediate measures only go further in not recovering kidnapping and trying to blackmail.