As violent kidnappings targeting cryptocurrency figures grow more frequent, one of the crypto world’s most recognisable families is taking matters into their own hands — by completely overhauling their personal and digital security.
Didi Taihuttu, the head of the so-called “Bitcoin Family,” has revealed that he and his family have scrapped their old storage systems and ditched hardware wallets altogether in favour of a more extreme, decentralised setup.
Taihuttu told CNBC: “We have changed everything”.
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“Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet on my phone. And that’s not a lot.”
The Taihuttus first gained attention in 2017 after selling all their possessions, including their home and even their shoes, to go all-in on Bitcoin when it was priced around $900. Since then, they’ve travelled the world as a crypto-first, unbanked family — living a lifestyle that now comes with increasing risk.
Over recent months, a wave of high-profile attacks on crypto holders has sparked fear across the industry. In France, the father of a crypto millionaire was kidnapped and had a finger severed during the ordeal.
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Also in France, a Ledger wallet co-founder and his wife were abducted in their home. Meanwhile, in New York, an Italian tourist was tortured over 17 days in a bid to extract his Bitcoin credentials.
The common goal in each case was getting access to cryptocurrency seed phrases and private keys. These are assets that, once stolen, are almost impossible to recover.
In response, the Taihuttus have developed a hybrid security system that involves splitting their Bitcoin seed phrase into four parts — each containing six words — and storing them across four different continents.
Some are digitally encrypted using blockchain services, while others are etched into fireproof steel plates using a hammer and punch. Taihuttu said: “Even if someone finds 18 of the 24 words, they can’t do anything”.
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The family has also introduced a layer of personal encryption, where some seed words are deliberately altered. Taihuttu added: “You only need to remember which ones you changed”.
Following disturbing messages from viewers who managed to pinpoint the family’s location via their YouTube content, the Taihuttus have stopped posting real-time travel updates and no longer film inside their homes.
Taihuttu said: “They warned me to be careful, told me not to leave my kids alone”.
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“So we moved. And now we don’t film anything at all.”
With multi-signature wallets and decentralised exchanges like Apex now forming the backbone of their trading and storage, Taihuttu remains committed to keeping control. By relying on third parties, he said: “You’re putting your capital back in someone else’s hands”.
Looking ahead, Taihuttu has his sights set on a $100 million net worth, with plans to only access the family’s long-term holdings if Bitcoin hits $1 million — a target he’s aiming to hit by 2033.