Coinbase CEO Brian Armstrong triggered a bomb squad response this week after receiving a suspicious package at home.

The scare came amid a surge in crime targeting crypto investors and industry billionaires.

Crypto Kidnapping Cases Are Making CEOs Nervous

The Coinbase CEO shared the incident in a post on X (Twitter), reporting what would have otherwise added to the growing list of crimes targeting crypto billionaires.

A delivery to Brian Armstrong’s house alarmed his security guards as its packaging was rather suspicious.

“A white unmarked van pulled up to my house yesterday and dropped off a mysterious package,” Armstrong posted on X.

Armstrong was out of town at the time. However, as is expected for deliveries to high-profile individuals, his guards at the gate x-rayed the package, and the results prompted a security alert.

The X-ray reportedly showed that the package contained a battery, wires, and a cylinder, components typical of a bomb.

Tequila gift or improvised device (Bomb)?Source: Brian Armstrong on X

The means of delivery, a white unmarked van, likely added to the suspicion. What was meant to impress ended up alarming instead.

Based on this, the security team called the bomb squad to investigate, citing questionable packaging complete with electronics.

Given the rise in crypto-related crime, where bad actors target investors and billionaires holding digital assets, this was a legitimate concern from Armstrong’s security detail.

While the foresight was well-informed, the item was ultimately identified as a promotional bottle of tequila from The All-In Podcast, marking an interesting twist.

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Author: Lockridge Okoth

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