Crypto wrench attacks push Coinbase security bill to $8.7M
Crypto exchanges and executives are spending more on personal security as kidnappings, home invasions, and “wrench attacks” become a growing risk across the industry. Summary Coinbase spent about $8.7 million on Brian Armstrong’s security and protection costs in 2025. Gemini pays Winklevoss Capital Management $400,000 per month for executive protection services. crypto.news reported France logged
