HawkInsight

  • Contact Us
  • App
  • English

In response to the kidnapping threat, the Bitcoin investment family "Taihuttu Family" stores cryptocurrency mnemons scattered on four continents."

On June 9, due to the growing threat of kidnapping by cryptocurrency holders, the Bitcoin investment family "Taihuttu Family" revealed that they had given up hardware wallets and instead hid cryptocurrency mnemons on four continents around the world. Taihuttu said that in the past eight months, they have adopted a hybrid storage system: encrypted mnemonic words are divided into parts, carved on fireproof steel plates and hidden on four continents, and the rest are stored through blockchain-based encryption services. Even if he was threatened with a gun, he could only provide limited assets in his mobile wallet. Currently, approximately 65% of the Taihuttu family's crypto assets are stored in cold wallets on four continents, with the rest stored in multi-signature wallets or decentralized exchanges for transactions and daily expenses.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More