Coinbase reportedly spent approximately $7.6 million on personal security for CEO Brian Armstrong in 2025, a more than 20% increase from the year before.
This is according to the company’s proxy filings cited in a report by Bloomberg, with the spending coming after physical attacks on crypto holders rose 75% last year. Per data from blockchain security firm CertiK, there have been 72 confirmed incidents and $41 million in known losses.
Crypto Firms Tighten Security After Wave of Violent Attacks
That $7.6 million figure stated in the Bloomberg piece exceeds what major Wall Street banks typically disclose for CEO protection. For context, Gemini reportedly spent around $2.5 million on security for the two co-founders, Cameron and Tyler Winklevoss, in 2025 and has since signed a deal to protect the twins and their families for $400,000 per month.
Circle spent nearly $800,000 on its CEO, Jeremy Allaire, in 2024, while Robinhood spent approximately $1.6 million on Vlad Tenev. The rest of
We współpracy z: https://cryptopotato.com/crypto-ceo-security-costs-surge-as-physical-attacks-rise-75/
