With reports of physical attacks targeting cryptocurrency investors on the rise, insurance firms are preparing to offer specialized kidnapping and ransom (K&R) policies specifically for digital asset owners. The trend comes as a growing number of investors seek security measures after high-profile cases of violence have shaken the industry. 📰 NBC’s recent report highlights an increase in violent incidents affecting crypto holders, with some victims subjected to severe physical harm. This has led many investors to demand increased security and protection from insurance companies, prompting firms like AnchorWatch and Evertas Insurance to begin developing K&R policies tailored for the needs of these high-net-worth individuals. 🇺🇸 Digital asset owners are increasingly concerned about their safety as incidents such as a recent case involving a suspected kidnapper in New York City highlight the vulnerability of crypto holders. According to reports, John Woeltz used a SoHo apartment to torture an Italian tourist for weeks in order to extort millions from him. These harrowing events highlight the increasing need for comprehensive security measures for crypto investors and are prompting insurance companies to respond with K&R protection specifically designed for these individuals.