According to a report by Cointelegraph on May 22nd, Bitcoin mining company MARA Holdings spent $4.3 million on personal security for CEO Fred Thiel in 2025, including $430,780 for armored vehicles, as well as residential and personal security expenses. Documents show that TechFlow expenses in 2024 amounted to $191,040. MARA also spent $3.9 million on personal security for CFO Salman Khan in the same year. The report points out that with the increase in "wrench attacks" targeting cryptocurrency executives and investors, the personal security costs for related companies are rising.
MARA spent $4.3 million on CEO security last year due to a rise in cryptocurrency personal attacks.
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