Crypto CEO Security Costs Surge as Physical Attacks Rise 75%

Physical attacks on crypto holders rose about 75% in 2025, prompting major firms to sharply increase executive protection spending and event security. Coinbase spent roughly $7.6 million on CEO protection in 2025 (a >20% increase year-over-year), while Gemini reportedly signed a $400,000-per-month protection deal for the Winklevoss twins; Circle and Robinhood spent ~ $800k and $1.6M respectively. CertiK data cites 72 confirmed violent incidents and $41 million in known losses. The surge in threats is driving persistent demand for private security, armored transport, and operational changes at conferences and for executives — a structural risk that could pressure operating costs and margins across crypto firms and influence investor assessment of operational and regulatory risk.