But incidents like the brazen kidnapping of a prominent cryptocurrency exchange executive last year which reportedly scored the equivalent of $1 million appear to be on the rise, spurring particular paranoia among the crypto-riche, the Times reported:
Report: Some Crypto Enthusiasts Are Increasingly Worried About Getting Robbed in Person
Despite periodic crashes in the cryptocurrency markets, digital currency keeps on moving out of its formerly niche space and affecting the real world in unpredictable ways. Bitcoin-mining operations are now set to gobble more electricity than domestic residential consumption in Iceland, major credit card providers are banning crypto purchases, rumored scams as well as proven ones in the exchange and startup spaces are rampant, and though some regulation has already been forthcoming authorities are largely playing catch-up.
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