Recently, there has been a surge in cryptocurrency kidnapping incidents, mainly because crypto assets naturally amplify the cost-effectiveness of violence.
Bank assets can be frozen, but crypto assets can be quickly transferred away and laundered.
When the attack vector shifts from "technology" to "people," and kidnappers find a physical entry point to access assets, the consequences are truly unimaginable!
Crypto assets solve the "trust issue," but they also redefine the risk structure.
Once again, stay safe!
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
It's terrifying:
Recently, there has been a surge in cryptocurrency kidnapping incidents, mainly because crypto assets naturally amplify the cost-effectiveness of violence.
Bank assets can be frozen, but crypto assets can be quickly transferred away and laundered.
When the attack vector shifts from "technology" to "people,"
and kidnappers find a physical entry point to access assets, the consequences are truly unimaginable!
Crypto assets solve the "trust issue," but they also redefine the risk structure.
Once again, stay safe!