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2025 on Track to Be Deadliest Year for Crypto Investors, Data Shows

A dark urban setting with cryptocurrency symbols, ominous shadows, and a subtle hint of danger, using a minimalist style.

A report from Galaxy Digital indicates that 2025 is on track to be the deadliest year for cryptocurrency investors, with over 25 physical attacks already documented this year. Notable incidents include the kidnapping of Ledger co-founder David Balland. In response, authorities are enhancing protections for crypto leaders, and some firms are launching insurance products to mitigate these risks. As criminal activity linked to digital assets grows, personal security has emerged as a critical concern for investors.

A recent report from Galaxy Digital indicates that 2025 could potentially be the most perilous year yet for cryptocurrency investors. Research analyst Alex Thorn highlighted that more than 25 documented physical attacks on crypto holders have already occurred this year, nearly matching the full-year totals from 2023 and fast approaching the numbers from 2018. Alarmingly, if current patterns persist, 2025 could surpass the record set in 2021, and the year is barely halfway through.

The data reveals a concerning increase in crypto-related crimes, including abductions, home invasions, and extortion. Notably, countries like India and the UAE have seen a dramatic increase in these violent crimes, as criminals increasingly target affluent individuals associated with digital assets. Perhaps the most alarming incident involved David Balland, co-founder of Ledger, who was kidnapped with his wife in January. Fortunately, authorities managed to rescue them after a lengthy search. Another chilling attempted abduction involved the daughter of a prominent French crypto entrepreneur.

In light of these threats, French authorities have stepped up security measures for leading figures in the crypto community. Additionally, some firms are responding to this urgent need by offering tailored insurance products designed specifically for holders of digital assets. As the risks continue to escalate, bold suggestions, such as forming a “Bitcoin Mossad” – a proposed security initiative by early Bitcoin developer Martti ‘Sirius’ Malmi aimed at shielding long-term coin holders from criminals – have been floated to improve safety.

This alarming rise in physical threats underscores a significant yet often neglected vulnerability within the cryptocurrency environment. As digital assets move further into the mainstream, investors face an increased need to focus on their personal security just as much as their digital assets’ cybersecurity. With the global adoption of cryptocurrencies increasing, it’s essential for investors to adopt comprehensive strategies to protect both their investments and themselves.

With rising awareness of these tangible risks, one can expect an uptick in online searches for phrases such as “crypto security 2025,” “Bitcoin kidnapping,” and “crypto insurance policies,” reflecting a growing concern regarding personal safety in the volatile world of cryptocurrency.

Nikita Petrov is a well-respected foreign correspondent revered for his insightful coverage of Eastern European affairs. Originally from Moscow, he pursued his education in political science at the University of St. Petersburg before transitioning into journalism. Over the past 14 years, Nikita has provided in-depth reports and analyses from multiple countries, earning a reputation for his nuanced understanding of complex geopolitical issues.

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