TechFlow, May 18 — According to Bloomberg reporter Emily Nicolle's post on X, Coinbase paid as much as $6.2 million last year for personal security expenses for its CEO Brian Armstrong, exceeding the combined total of security costs that JPMorgan Chase, Goldman Sachs, and Nvidia incurred for their executives.
Recently, crypto billionaires have been strengthening their security measures and hiring bodyguards to counter potential threats amid frequent incidents of kidnapping and extortion.
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