Didi Taihuttu, the patriarch of the so-called “Bitcoin Family”, overhauled his digital asset security settings after a wave of violent attacks on cryptocurrency holders.
This family, Bitcoin in 2017now hides part of its private key on four continents. In a CNBC interview explain He now uses a hybrid approach instead of relying solely on a hardware wallet.
Tahut told CNBC that the family changed everything. “Even if someone holds me at the gun, I can’t give them more than they have on their wallet or phone. That’s not much,” he said.
Security overhauls were carried out in a wave of criminal activities, including kidnapping and ransom attempts against crypto users. Taihuttu said the threat forced them to reconsider their security strategies.
Key split, encrypted and stored worldwide
The seed phrase of the family is encrypted and divided into four parts. Taihuttu said it is stored using blockchain-based services and hand-etched fire-resistant metal plates. These boards are then hidden in physical locations around the globe, allowing the family to eliminate potential points of failure in their security systems.
Taihuttu adds a layer of personal encryption to further enhance the settings by modifying certain words in the seed phrase, making them unusable without proper context.
The family lives a nomadic lifestyle. Global travel to promote Bitcoin. Taihuttu said that as the threat to cryptocurrency holders is increasing, the family no longer posts live updates about their location online after receiving threats to track their individuals using social media.
Tai Chi says about 65% of the household’s assets are stored in refrigeration under its new safety mode. Their hot wallets for transactions and fees are protected by multi-statement agreements.
Related: Streaming Amouranth claims she was robbed by gunfire on cryptocurrency
Crypto crime peaks as digital assets surge
As digital asset prices rise, so do the crypto-related crimes. In late 2024 and early 2025, high-profile cases occurred in France, Pakistan, Australia and Canada. Link violent crime with encrypted ownership.
In January, the British gang members were Convicted and kidnappedtorture and ransom cryptocurrency investors. February, six people Kidnapping a family of three In Chicago, $15 million in cryptocurrency is requested to be transferred.
In March, streaming Kaitlyn Siragusa, known as “Amouranth” online Become a victim of a family invasionthe perpetrator hugged her at the gun and demanded the transfer of crypto assets. South Korean police arrested a Russian national in May Failed $730,000 Encrypted Robbery.
On May 13, three masked men Trying to kidnap Pierre Noizat’s daughter and grandson are co-founders and CEO of French crypto exchange Paymium. The suspect attacked Noizat’s daughter and a male partner while traveling with his son in Paris.
When Noizat’s daughter boycotted, the male partner was attacked and took one of the guns from the attackers. The people passing by eventually intervened, forcing the attackers to escape the scene.
