The famous "Bitcoin Family"—who famously sold everything to go all-in on Bitcoin back in 2017—has completely revamped their security strategy following a disturbing rise in crypto-related crimes, including kidnappings and violent extortion attempts.
In a recent CNBC interview, family patriarch Didi Taihuttu revealed their new multi-continent security system, designed to keep their Bitcoin safe even under extreme duress.
How the Bitcoin Family Now Protects Their Fortune
Seed Phrase Split Across Four Continents
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Their 24-word recovery phrase is encrypted, split into four parts, and stored in different countries.
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Some portions are kept on blockchain-based services, while others are hand-etched into fireproof metal plates and hidden in secure locations.
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Taihuttu even modified some seed phrase words, adding an extra layer of encryption only he understands.
Cold Storage & Multisig Protection
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65% of their holdings are now in ultra-secure cold storage.
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Hot wallets (for daily spending) use multi-signature (multisig) security, requiring multiple approvals for transactions.
No More Real-Time Location Updates
Due to stalkers and threats, the family has stopped sharing their real-time travel plans online.
Crypto Crime Wave: A Growing Global Threat
As Bitcoin’s price surged in 2024-2025, so did violent crypto crimes. Some shocking cases include:
UK: Investor Tortured for Crypto
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A gang kidnapped and tortured a crypto trader, demanding his private keys.
Chicago: $15M Crypto Kidnapping
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Six men abducted a family of three, demanding $15M in crypto for their release.
Paris: Paymium Founder’s Family Attacked
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Masked men tried to kidnap the daughter and grandson of Paymium CEO Pierre Noizat.
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The daughter fought back, disarmed an attacker, and bystanders helped scare them off.
South Korea: Failed $730K Robbery
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A Russian national was arrested after a violent crypto heist attempt.