The “bitcoin family” has divided and hidden a sentence of seeds hidden on 4 continents in the midst of increasing abductions

The “Bitcoin family” completely revised its security measures in the midst of the growing cases of kidnappings linked to the crypto, according to a CNBC report.

The family, which sold all their personal effects in 2017 to invest in Bitcoin (BTC) and is now traveling around the world, has taken extreme measures in the midst of an increase in perceived threats. This includes storage of parts of their phrase of Bitcoin wallet seed engraved on fireproof metal plates stored on four continents.

The family consists of Didi Taihuttu, his Roman wife and their three daughters – pretty, Juna and Jessa. The Taihuttu family has obtained the spotlight over the years to live a life without bank supported by Bitcoin.

Taihuttu told CNBC:

“We have changed everything. Even if someone held me under the threat of a weapon, I can’t give them more than what is on my wallet on my phone. And that’s not much.”

The Bitcoin family is not the only one to increase safety measures

In recent months, there has been a spectacular increase in removal and extortion linked to the crypto. Earlier this year, David Balland, co-founder of Hardware Wallet Ledger, and his partner were kidnapped and tortured, Balland would have lost a finger in the event.

At the beginning of last month, the video of the attempted kidnapping of the CEO’s daughter of an eminent French crypto exchange in broad daylight became a viral and striking fear among individuals with substantial cryptographic participations.

After the wave of attacks, the French government has sworn to Increase safety measures For Crypto leaders. This included priority access to the police emergency line, home visits and security advice and the breefings of the police, Politico reported.

A few days after the incident in France, an Italian tourist escaped the claws of his kidnappers from an apartment in Manhattan. The victim was would have Hold on hostage for 17 days and tortured using a myriad of methods, electric shocks of tasers to be whipped with a pistol. The authors, who were trying to extort the victim’s Bitcoin portfolio from the Bitcoin portfolio, were decree at the end of last month.

In the midst of the wave of kidnappings, cryptographic investors and the Bitcoin family began to strengthen security measures. Several of them have resurgeous Private security companies to hire bodyguards or armored trucks to ensure safety.

Insurance companies have also started to take advantage of the opportunity, offering a kidnapping and a ransom (K&R) policies Make a tailor -made for crypto holders.

Taihuttu told CNBC that they had taken into account the growing cases and reassess their security measures. He said:

“We have talked about it a lot with the family. My children also read the news – in particular this story in France, where the daughter of a CEO was almost kidnapped in the street. ”

The Bitcoin family has taken control of safety

In the midst of undeniable threat growth, the Taihutti family has taken several measures to ensure security.

Among the changes, there was the decision to abandon the material portfolios, which were once presented as the safest way to store the crypto. Taihuttu said:

“It’s a strange world right now. We therefore take our own precautions – and with regard to portfolios, we are now completely without a material portfolio. We no longer use material portfolios. ”

The Taihutti family has decided to stay away from material portfolios in the midst of increasing concerns concerning waste and remote access features. Over the past eight months, the Bitcoin family has gone from material portfolios to a hybrid system where the seed sentence has been stored via partially digital and partially analog methods.

As part of improved safety measures, the family has divided a sentence of 24 -words bitcoin seeds into four six -words sets. Each set of words is stored on a different continent. This means that Taihuttu must make at least an international trip, depending on the word of words required, to access the wallet. However, it can add funds to the hassle -free wallet. Taihuttu explained:

“Even if someone finds 18 of the 24 words, he can’t do anything.”

While Taihuttu stores certain parts of the seed phrase through blockchain encryption platforms, it has engraved others on fireproof steel plates with a hammer and a punch and hid them. He also added a separate layer of personal encryption to reject potential attackers by changing certain words of the seed sentence.

The family uses the above method to store approximately 65% ​​of its cryptographic participations, considering that it is safer than using a centralized safe, like the Swiss bunker used by Xapo belonging to Coinbase. Indeed, Taihuttu is anxious to be able to access its funds in case the company goes bankrupt.

The Taihuttu family has also moved from centralized scholarships, performing around 80% of its businesses via decentralized platforms like Apex.

For family cryptography stored in hot wallets for trading, Taihuttu uses multi-signating portfolios to ensure increased safety. He added that they deal with the majority of their cold wallet savings as a retirement fund to which the family will only receive once the BTC price reaches $ 1 million.

Lifestyle changes in the middle of the growing threat

The Taihuttu family has a great presence on social networks, with tens of thousands of followers on platforms. However, the family has moved away from the spotlight in the middle of growing threats. He noted:

“We have become a little famous in a niche market – but this niche becomes a very large market now.”

Taihuttu believes that the number of cryptography flights will continue to increase, which is why the family makes difficult choices, from the reduction of video shoots to the avoidance of France.

Although the family is currently in Thailand, they have ceased to publish regular travel updates and shoot videos at home. Taihuttu said:

“We stayed in a very beautiful house for six months – then I started to receive emails from people who understood what house it was. They warned me to be careful, told me not to leave my children alone. So we moved. And now we don’t film anything at all. ”

Taihuttu added that, even if the creation of content is his passion, the concern for the security of his daughters forces him to stay away from the camera.

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