Crypto Kidnapping Risks Drive New Insurance Policies

A recent surge in kidnappings involving crypto investors has led insurance firms to reassess risk strategies and introduce new measures aimed at safeguarding clients’ physical security. According to NBC, a growing number of firms that specialize in insurance and security for cryptocurrency holders are now developing kidnap and ransom (K&R) policies in response to rising concerns over physical threats. At least three such companies are reportedly working on coverage designed to protect crypto investors and businesses from the risks of abduction and violence. Rebecca Rubenfeld, Chief Operating Officer of crypto insurance firm AnchorWatch, stated that concerns over physical security were The post Crypto Kidnapping Risks Drive New Insurance Policies first appeared on The Shib Daily source: https://news.shib.io/2025/06/02/crypto-kidnapping-risks-drive-new-insurance-policies/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-kidnapping-risks-drive-new-insurance-policies