From Cointelegraph

May 31, 2025 9:26:00 am:

A surge in violent attacks on cryptocurrency holders has led insurers to develop new protections against kidnapping for crypto. Multiple firms are creating tailored kidnap and ransom policies for digital asset investors. Recent incidents, including torture and kidnappings, have raised concerns due to the decentralized nature of cryptocurrencies. Crypto wealth is turning to traditional K&R insurance, with firms finalizing offerings and emphasizing the importance of physical and cyber defenses. In response to increased crime, crypto industry executives and investors are seeking personal security services, with requests for bodyguards and protection contracts on the rise.

Read more at Cointelegraph: Insurers Race to Cover Crypto Kidnap and Ransom Risks