Coinbase CEO's Personal Security Costs Soared to $6.2 Million Last Year

BlockBeats News, May 18th, Bloomberg reporter Emily Nicolle wrote on the X platform that Coinbase paid a personal security cost of up to $6.2 million for its CEO Brian Armstrong last year, exceeding the total security costs paid by JPMorgan Chase, Goldman Sachs, and NVIDIA for their executives. Recently, cryptocurrency tycoons have been strengthening their security measures and hiring bodyguards to address potential threats due to a rise in kidnapping and ransom incidents.