Coinbase paid its CEO a personal security fee of up to $6.2 million last year According to Bloomberg, Coinbase paid a personal security fee of $6.2 million to its CEO Brian Armstrong last year, exceeding the total amount paid by JPMorgan, Goldman Sachs, and Nvidia for their executives' security expenses. Recently, cryptocurrency tycoons have strengthened their security measures and hired bodyguards to deal with potential threats due to frequent kidnapping and extortion incidents. For example, Ledger co-founder David Balland and his wife were violently kidnapped in France, further exacerbating the industry's concerns about security issues. These events have prompted high net worth individuals in the cryptocurrency industry to adopt more low-key and professional security strategies to prevent similar risks.