Crypto Family Swaps Steel Seeds for Cold Steel, Outsmarts Abductions! 🚁🔒

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Crypto Family Swaps Steel Seeds for Cold Steel, Outsmarts Abductions! 🚁🔒

According to a report from CNBC, the Taihuttu clan—better known as the ‘Bitcoin Family’—has revamped its security setup in light of a rising wave of crypto-related abductions across the globe. Because apparently, in the world of digital gold, kidnappers now wear suits and carry USB sticks. 🎩💼

No More Hardware Wallets: Taihuttu Family Takes Cold Storage to Extremes

Didi Taihuttu told CNBC’s MacKenzie Sigalos that his family has abandoned hardware wallets in favor of a multi-continental approach, splitting and encrypting seed phrases between four separate continents. Their hybrid system marries the digital with the physical: recovery phrases are engraved on fire-resistant steel plates and concealed in handpicked locations across the chosen nations. Because what’s more reassuring than a little global treasure hunt for your crypto? 🔥🌍

Their motivation? An uptick in abductions targeting crypto holders and their relatives. Because nothing says “safe investment” like a good ol’ kidnapping scare. “We got a little bit famous in a niche market — but that niche is becoming a really big market now,” Taihuttu shared with Sigalos, who must have been thinking: ‘Great, now I need a vacation from my own story.’ He added:

And I think we’ll see more and more of these robberies. So yeah, we’re definitely going to skip France.

This isn’t the first rodeo for the ‘Bitcoin Family.’ Back in August 2021, Taihuttu revealed that 74% of their digital assets were tucked away in cold storage, spread across various countries in hardware wallets. But apparently, in the world of crypto, yesterday’s security is today’s vulnerability. Their latest method? Zero hardware wallets, because why trust a tiny box when you can hide your secrets in hacker-proof steel and a country’s nice scenery? “When it comes to wallets, we’re now completely hardware wallet-less. We don’t use any hardware wallets anymore,” Taihuttu announced, as if he was about to start a new trend in “cryptocurrency minimalist living.”

In the new interview, Taihuttu also mentioned that 65% of the family’s crypto stash is now stored in cold storage and hidden so well that even Sherlock’s Moriarty would struggle. They’re now eyeing multi-party computation (MPC) security to make their defenses even tougher than grandma’s fruitcake. He also noted that about 80% of their trades happen on decentralized exchange (DEX) platforms, because centralized exchanges are about as trustworthy as a fox in a henhouse—if the fox also had a hacker’s grin.

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2025-06-07 22:59