Several insurance companies launch customized kidnapping insurance to deal with violent threats from cryptocurrency holders

According to Cointelegraph, the wave of violent attacks against cryptocurrency holders is prompting insurance companies to develop new protective measures. Recent events include a three week detention and torture of an Italian tourist in New York, as well as an attempted kidnapping of a French crypto executive's family, highlighting the real security threats facing the crypto industry. It is reported that at least three companies specializing in cryptocurrency insurance and security are preparing tailor-made kidnapping and ransom (K&R) insurance policies for digital asset investors.