NEWS HEADLINES: Insurance Companies Now Offering Crypto Kidnapping Insurance * 100PercentFedUp.com * by Noah

Insurance Companies Now Offering Crypto Kidnapping Insurance * 100PercentFedUp.com * by Noah

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Oh my….

It appears as though holding your own crypto (known as “self custody”) is now making people such a target that insurance companies are now offering “kidnapping insurance”.

Take a look:

There’s a reason why I use Caleb & Brown.

Kidnap me all you want, but Caleb & Brown is not going to let one DIME of my crypto move out of their institutional-grade cold storage.

Safe.

Secure.

Kidnap-proof.

NBC News confirms that at least three different insurance companies are all offering “kidnapping insurance” now:

A recent string of horrific assaults and kidnappings targeting people rich in cryptocurrency is heightening fears among investors about their physical safety — and insurance companies are hoping to cash in.

At least three companies that provide insurance and security services specifically tailored for cryptocurrency holders and companies are working to come up with insurance policies for those who fear physical violence and kidnapping, called kidnap and ransom (K&R) policies, they told NBC News.

Rebecca Rubenfeld, the chief operating officer of AnchorWatch, a crypto insurance firm that’s working to begin offering kidnapping and ransom protection by this fall, said that fear of violence was a major topic at this week’s annual Bitcoin Conference in Las Vegas.

“They’re tense,” Rubenfeld told NBC News. “I’m not saying that because I’m trying to sell insurance, but overall, the mood is a very good environment for me.”

The earliest reports of physical attacks on Bitcoin holders date back more than a decade, with dozens reported in the news media. But recent brutal attacks — of an Italian tourist tortured for weeks in Manhattan for access to his bitcoin, and a string of crypto executives and their family members kidnapped in France — have left many crypto holders particularly rattled.

Bitcoin and other cryptocurrencies’ accounts are easily managed by a single person, outside of traditional banking institutions, and transactions are usually irreversible. That appealed to a certain class of libertarian nerds who acquired significant amounts of Bitcoin years ago. Many have become extremely wealthy as Bitcoin’s price continues to reach new highs.

But as Bitcoin’s value has risen, so too has its appeal to criminals, many of whom realize that the technology’s ability to skirt traditional law enforcement also means it’s much easier to launder if they can force a victim to give up their account.

Ryan Lackey, the chief security officer at Evertas Insurance, a company that sells insurance for digital assets, said the best protection for a publicly wealthy bitcoin holder is to both have physical security and to make it public that they can only access a certain portion of funds. Most of their crypto wealth should be protected with passwords stored in difficult-to-access locations, like banks or safety deposit boxes.

“The ideal product in the space is actually something where you can probably not get access to funds beyond a certain amount, and then you can pay them a small amount. This has to be something that’s widely adopted, that’s known by the dumbest possible kidnappers in the world, because they’d otherwise have no reason to believe it,” he said.

“You’d actually want to be known as a person who holds it, because it shows that you don’t have access to it. It’s just like the signs at 7-Eleven that say ‘cashier does not have access to the safe,’” he said.

Lackey said Evertas encourages customers to get kidnapping and ransom insurance and is considering how to offer it directly.

Kidnapping and ransom insurance is common for corporate executives, and several traditional insurers that offer it sell custom policies for people who are rich from cryptocurrency. Traditionally, kidnapping and ransom insurance is often marketed for companies to take policies out for key employees.

Andrew Kurt, the vice president of executive risk at the insurance firm Hylant Capital, said he was not surprised to see more crypto companies offering K&R insurance because it is particularly lucrative, given how relatively few people actually get kidnapped.

“Historically, K&R has been a wildly profitable line of business for insurance companies, even though the premiums are very, very small,” Kurt told NBC News. “The losses are few and far between.”

“I think what has occurred is probably not going to be a large frequency issue, but more of a severity issue here and there,” he said.

Here was the most recent kidnapping (and torture):

INSANE: Italian Man Kidnapped, Tortured, Leg Sawed, Forced To Smoke Crack…In Effort To Extract Bitcoin Wallet Passwords

INSANE: Italian Man Kidnapped, Tortured, Leg Sawed, Forced To Smoke Crack…In Effort To Extract Bitcoin Wallet Passwords

This is insane, but it seems to be happening more frequently recently…

With Bitcoin sitting near all time highs at $112,000, criminals have taken notice and they’ve resorted to kidnapping and torturing people who hold crypto to steal their wallet passwords.

Very scary.

Here’s the latest one where an Italian man was kidnapped in New York City and torturing a man for weeks!

Check out the details from CoinTelegraph, absolutely INSANE stuff:

A Manhattan crypto investor is facing serious charges after allegedly kidnapping and torturing an Italian man in a disturbing bid to extract access to digital assets.

John Woeltz was arraigned on Saturday in Manhattan criminal court following his arrest on Friday. He stands accused of holding a 28-year-old Italian man captive for weeks inside a luxury townhouse in Soho, reportedly rented for $30,000 per month.

According to police reports cited by The New York Times, the victim arrived in the US on May 6 and was allegedly abducted by Woeltz and an accomplice.

The attackers are said to have stolen the man’s passport and electronic devices before demanding the password to his Bitcoin wallet. When he refused, the suspects allegedly subjected him to prolonged physical abuse.

Crypto victim beaten, electroshocked

The victim described being beaten, shocked with electricity, assaulted with a firearm and even dangled from the upper floors of the five-story building.

He also told police that Woeltz used a saw to cut his leg and forced him to smoke crack cocaine. Threats were also reportedly made against his family.

Photographic evidence found inside the property, including Polaroids, appears to support claims of sustained abuse. The victim managed to escape on Friday and alert authorities, leading to Woeltz’s arrest.

I love how the call the (alleged) criminal a “Manhattan crypto investor”.

LOL!

I don’t think you get to call yourself a “crypto investor” if you just kidnap, torture and steal other people’s Bitcoin!  That’s not how this works.

He’s not a “crypto investor” he’s a sick, demented criminal (allegedly) who quite frankly deserves the electric chair if you ask me!

As I said, somehow this is far from an isolated incident.

This one just happened a few days ago:

Man Kidnapped At Gunpoint, Three “Teenagers” Steal $4 Million In Crypto!

Man Kidnapped At Gunpoint, Three “Teenagers” Steal $4 Million In Crypto!

In an absolutely WILD story, three “teenagers” have been accused of kidnapping a Las Vegas man at gunpoint, driving him 70 miles into the desert, and then stealing $4 million worth of crypto from him.

Take a look:

CoinTelegraph has more details:

Three teenagers have been accused of kidnapping a man at gunpoint after he was returning from a crypto event in Las Vegas, before driving him an hour outside of the city and robbing him of $4 million in crypto and non-fungible tokens.

According to police, the incident occurred last November. The victim had finished hosting a crypto-related event in downtown Las Vegas, and when he returned home, the suspects forced him into a vehicle and drove him to a remote desert area an hour away from the city.

There, they forced him to hand over passwords to his accounts, according to a May 10 report from Las Vegas local news outlet 8 News Now.

The man was allegedly told to comply with the teens’ demands if he wanted to “live to see another day,” and because they also “had his dad and would kill him,” according to the report.

It’s also alleged that a fourth person may have been communicating with the three young men through a phone call during the incident, which the victim could hear through a speakerphone.

After having his accounts drained of $4 million in crypto and NFTs, the victim reportedly walked five miles back through the desert to reach a gas station where he could call a friend for help.

Two 16-year-olds from Florida are facing charges including robbery, kidnapping, and extortion in connection with the incident. A third teen allegedly involved in the plot has left the country, prosecutors say.

One of the young men is behind bars with bail set at $4 million, while the other has been released under house arrest with electronic monitoring. A preliminary hearing is scheduled for June, with both teens set to be tried as adults.

Digital asset lawyer Sasha Hodder said in a May 10 X post that this case illustrates how “Crypto theft is evolving. It’s not just social engineering or SIM swaps anymore.”

The “teenagers” (doesn’t the MSM they usually call them “youths”?) reportedly looked like this:

It’s also far from the first time a kidnapping or even murder has been motivated by crypto theft.

Here’s another:

And another:

But as usual, I never like to just leave you with bad news and say “good luck, I hope this doesn’t happen to you!”

No, I actually have something you can do right now to MAKE SURE this never happens to you!

There’s a reason I’ve been talking so much about my new friends over at Caleb & Brown recently….because they solve this problem!

Holding your own crypto on a keychain is like advertising in giant neon letters ROB ME PLEASE!

If you ask me, it’s stupid.

It’s FAR smarter to get your crypto stored with Caleb & Brown so you get institutional-grade custody — safe, secure, insured and regulated.

And no one can kidnap you to get your passwords, because they’re not with you!  They’re stored safely in cold storage with multiple layers of security by Caleb & Brown.

Smart, right?

I’ve always got your back!

Here is more on how it works and why I strongly recommend you get an account opened up ASAP (it’s free):

FINALLY! Safe, Secure, Insured, Regulated Crypto…Here’s Exactly What You Need To Do

A couple days ago, I made a Special Announcement that I finally have a solution for all of you who have been asking for help in buying crypto SAFELY and SECURELY….and most importantly with the help of a human being!

Gee, what a novel concept right?

Each time I’ve talked about crypto over the last 5+ years, or had people like Bo Polny on my show, I inevitably get many of you writing to me to say you would love to dip your toe in the water and get some crypto, but it’s far too confusing and you don’t want to do it yourself and hope and trust that some random computer code stored on your phone or on a keychain somewhere will be safe when you need it.

I totally get it, I feel the same way.

Until recently, I didn’t have a good solution for you but now I do!

I now have a safe, secure, insured and highly-regulated solution for you that not only prioritizes safety and security but they also give you your very own personal broker assigned to you!

You can talk to them on the phone whenever you want, as much as you want (within reason I suppose).

You can call them, email them, and you’re always dealing with a HUMAN BEING!

But not a random human being either, it will be your dedicated broker, so they know you personally.  They build a relationship with you, and you with them.

How cool is that?

The company is called Caleb & Brown and the have a perfect 5.0 rating on Google:

And a near-perfect 4.9 rating on Trustpilot:

To make sure you are in the right place, I created a custom link that will take you to my custom page, it’s right here: https://SafeWithNoah.com

And when the page loads it will look like this and you’ll see my name and logo at the top.

That’s how you know you’re in the right spot.

Now let me show you a little more about what I mean….

Watch this short clip to see what it’s like having your own personal broker plus 24/7 live human support for anything you ever need:

Amazing right?

Real humans….

…not a random call center in India.

Your personal rep who knows you!  Knows your history.  Knows your level of expertise.  Knows what you like to trade.

Oh and did I mention they get better pricing on purchases and sales than anyone else?

Watch this:

No more getting burned on “the spread” when you buy and sell!

My custom FREE signup link is here:  https://SafeWithNoah.com

Now for those of you who want to go DEEP, I’ve got you covered.

A bunch of you have emailed me in the past few days asking questions like “Are they registered in the USA?”  “How are they actually safe?”  “What security measures do they use to guarantee safety?”

I’m glad you asked!

Let’s go deep….

Security Practices

1. Institutional-Grade Custody (Fireblocks)

  • Caleb & Brown uses Fireblocks, a well-known digital asset security platform.

  • Fireblocks uses Multi-Party Computation (MPC) technology, which fragments private keys and stores them securely across multiple parties.

  • This system has been widely adopted by banks and hedge funds for secure crypto storage.

2. Proprietary Cold Storage

  • For assets not supported on Fireblocks, the company uses offline cold storage methods.

  • These are air-gapped, hardware-based systems to keep assets inaccessible from online threats.

  • Since inception, the firm has reported zero security breaches.

3. Segregated Client Funds

4. Secure Trading Infrastructure

  • Trades are routed through a secure aggregation platform that connects to global liquidity providers.

  • This ensures competitive pricing and minimizes slippage or execution risk.

  • All trade activities are monitored for suspicious behavior.

Client Protection & Risk Management

1. Personal Brokers

  • Every client is assigned a dedicated broker who facilitates transactions, provides market insights, and guides portfolio strategies.

  • This one-on-one model reduces the risk of operational error or fraud from impersonation.

2. Transparent Fees

  • All trades are conducted with a fixed brokerage fee disclosed upfront.

  • No hidden fees, slippage costs, or overnight holding charges.

3. Audit & Financial Oversight

4. No Lending Policy

  • Unlike many exchanges or custodians, Caleb & Brown does not lend out your crypto.

  • This helps avoid the risks associated with counterparty default, as seen in other high-profile crypto collapses.

Regulatory Compliance

Australia

  • Caleb & Brown Pty Ltd is fully registered with AUSTRAC (Australian Transaction Reports and Analysis Centre).

  • This includes compliance with Australia’s AML/CTF (Anti-Money Laundering and Counter-Terrorism Financing) laws.

  • The company actively engages with Australian Treasury consultations to promote consumer protection and clearer crypto regulations.

United States

  • Caleb and Brown Limited is registered with the National Multistate Licensing System (NMLS #2560370) and is in the process of obtaining money transmitter licenses in multiple U.S. states.

  • Their U.S. Terms of Service include binding arbitration clauses, adhering to U.S. consumer protection standards and regulatory best practices.

  • The company has structured its U.S. operations to follow local state laws regarding digital asset custody, taxation, and anti-money laundering.

Worldwide

  • The firm services over 100 countries and adapts its onboarding and compliance practices according to the jurisdiction of the client.

  • KYC (Know Your Customer) and AML checks are applied rigorously, and all client documentation is reviewed for international compliance.

  • Caleb & Brown does not operate in regions with prohibitions on digital asset trading or custody.

Nice, right?

My custom FREE signup link is here:  https://SafeWithNoah.com

Here’s what I would encourage you to do right now…

Go over to that page and create an account, it’s 100% free to create an account.

Two reasons why…

First, it’s free and it gets your foot in the door.  

Caleb & Brown has over 35,000 customers in over 100 countries across the world, and they’re growing very fast.  While I don’t have any inside information to expect they might close or slow down registrations or put people on a wait list, I’ve seen that happen with fast-growing companies before, especially in crypto.

Think about it, if everyone gets assigned a personal broker, there is eventually some limit where they need to slow down new accounts to make sure service levels remain high.

So creating an account gets your foot in the door and it’s free.

You don’t even have to fund the account right now, you can just create it.

Second, that leads into the second big thing which is having your first call with your personal broker.

Once you have an account, the broker that gets assigned to you is going to reach out and want to chat with you, get to know you.

They’ll want to learn how familiar you are with crypto and how they can help you in your journey.

It’s a long-term partnership and they want to kick it off on the right foot.

They customize EVERYTHING to meet you where you are in your crypto journey.

So create the account and have this first call.

In fact, you can have as many calls and emails as you want with your broker as you go forward.

They’ll answer your questions, show you market research, tell you what they think and what they see, and help you get comfortable moving forward with crypto.

I think you’re really going to be impressed and blown away by the level of service they provide, even if they see you don’t have a single dollar in your account, they don’t care.  Service comes first.

I am so confident in that that I’m asking everyone to create and account, have your first call or calls with your broker and then email me at noah (at) dailynoah (dot) com and tell me how it went!

I think you’re going to be very pleasantly surprised and I want to hear about it.

So create the account, get your foot in the door, have your first call or calls, and then email me with the results!

Sound good?

My custom FREE signup link is here:  https://SafeWithNoah.com

And now for people who prefer video, please enjoy this livestream I did recently where we go into more detail.

Here are two comments that just came in from people who already have an account and they say this about the service:

Yes indeed, thank you both for sharing your experience!

That has certainly been my experience as well.

This is a Guest Post from our friends over at WLTReport.

View the original article here.





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