‘Bitcoin Family’ revamps security after crypto crime wave

6 days ago

Didi Taihuttu, patriarch of the alleged “Bitcoin Family,” has overhauled his integer plus information setup pursuing a question of convulsive attacks targeting crypto holders. 

The family, known for going all-in connected Bitcoin successful 2017, present hides portions of their backstage keys crossed 4 continents. In a CNBC interview, Taihuttu said helium present uses a hybrid attack alternatively of relying solely connected hardware wallets. 

Taihuttu told CNBC that the household has changed everything. “Even if idiosyncratic held maine astatine gunpoint, I can’t springiness them much than what’s connected my wallet oregon my phone. And that’s not a lot,” helium said. 

The information overhaul comes amid a question of transgression activity, including kidnappings and extortion attempts aimed astatine crypto users. Taihuttu said the threats forced them to rethink their information strategy.

Keys split, encrypted and stored globally

The family’s effect operation is encrypted and divided into 4 parts. Taihuttu said it’s stored utilizing blockchain-based services and fireproof metallic plates etched by hand. The plates are past hidden successful carnal locations worldwide, allowing the household to destruct imaginable points of nonaccomplishment successful their information system. 

Taihuttu added a furniture of idiosyncratic encryption to further fortify the setup by modifying immoderate words successful the effect phrase, making them unusable without the due context. 

The household lives a nomadic lifestyle, travelling globally to beforehand Bitcoin. Because of the expanding menace to crypto holders, Taihuttu said the household nary longer posts real-time updates astir their determination online aft receiving threats from individuals who tracked them utilizing societal media. 

Taihuttu said astir 65% of the family’s assets are present held successful acold retention nether their caller information model. Their blistery wallets for trading and expenses are protected done multisignature protocols. 

Related: Streamer Amouranth claims she was robbed astatine gunpoint implicit crypto fortune

Crypto-linked crimes spike arsenic integer assets surge

As integer plus prices rise, truthful person incidents of crypto-related crime. In precocious 2024 and aboriginal 2025, high-profile cases emerged successful France, Pakistan, Australia and Canada, linking convulsive crimes to crypto ownership.

In January, pack members successful the United Kingdom were convicted of kidnapping, torturing and extorting a crypto investor. In February, six men kidnapped a household of three successful Chicago, demanding the transportation of $15 cardinal successful crypto. 

In March, streamer Kaitlyn Siragusa, known arsenic “Amouranth” online, became a unfortunate of a location invasion, wherever the perpetrators held her astatine gunpoint, demanding the transportation of crypto assets. In May, South Korean constabulary arrested a Russian nationalist aft a failed $730,000 crypto robbery

On May 13, 3 masked men attempted to kidnap the girl and grandson of Pierre Noizat, the co-founder and CEO of French crypto speech Paymium. The suspects attacked Noizat’s girl and a antheral spouse portion she was walking with her lad successful Paris. 

The antheral spouse was assaulted portion Noizat’s girl resisted, taking 1 of the guns from the assailants. People passing by yet intervened, forcing the attackers to fly the scene.

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