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2026-05-22 15:54:03

4.3 million dollars to insure the CEO, is the wrench attack so severe? Miners have become targets.

View Original

MeNews2026-05-22 15:50:31

MARA's security expenses for the CEO last year were $4.3 million due to an increase in cryptocurrency-related personal attacks.

MARA Holdings plans to spend $4.3 million on personal security for CEO Fred Thiel in 2025, including $430.78k on vehicle armor and expenses for residential and personal security; in 2024, related costs are $191.04k. In the same year, $3.9 million is allocated for the security of CFO Salman Khan. Reports indicate that the increasing number of "wrench attacks" targeting crypto executives is driving up security costs.

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