SECURITYCOINTELEGRAPH
Bitcoin miner MARA spent $4.3M on CEO security in 2025 as crypto attacks rise
Bitcoin mining company Marathon Digital Holdings (MARA) spent $4.3 million on security measures for CEO Fred Thiel in 2025, including vehicle armoring and personal protection. The significant security expenditure reflects growing concerns about cryptocurrency-related crimes, particularly wrench attacks targeting crypto industry executives globally.
Mentioned
Related Signal
Adjacent reporting
- Binance adds protection against physical threats as problems with crypto wrench attacks persist
- Crypto losses from North Korea hackers in 2025 rose 51% YoY: Report
- North Korea ‘industrialized’ crypto theft, laundered billions: CertiK
- Cryptocurrency and AI Scams Bilk Americans of Billions
- Physical attacks against crypto holders, including kidnap and assault, up 75% in 2025 — 72 confirmed incidents see $41 million lost, real number likely higher
- Tennessee Men Indicted in $6.5 Million Crypto Robbery Spree Targeting California Investors