- The family fractured their 24‑word seed phrase, encrypting it and storing fragments on four continents, ditching hardware wallets entirely.
- Cold and hot assets are shielded through fireproof metal plates, blockchain encryption, multi-signature protocols, and decentralised exchanges.
Bitcoin Family marking a new model for safeguarding digital assets
Didi Taihuttu and his “Bitcoin Family”—renowned for selling everything in 2017 to go all-in on Bitcoin—have upgraded their security protocols amidst a wave of violent attacks on crypto holders. The family now employs a hybrid system: they’ve abandoned hardware wallets, splitting their 24‑word seed phrase into four encrypted fragments stored across different continents. These are inscribed on fire-resistant steel plates and secured in undisclosed locations, while some parts are additionally safeguarded via blockchain-based encryption services.
Operationally, cold storage accounts for 65% of their holdings, while the remaining assets—used for trading and daily expenses—are protected with multisignature and multi-party computation (MPC) arrangements. The family has also pulled back from public life: they no longer broadcast their whereabouts online and avoid filming in their residences after being tracked via social media.
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Why it’s important
This move signals a broader trend in the crypto community towards more layered and geographically diversified security frameworks. As violent episodes—from kidnappings in France and Pakistan to a Chicago family held at gunpoint—have become alarmingly frequent, crypto holders are recognising that single-location storage, including hardware wallets, may no longer suffice.
Geographic dispersion of seed phrase fragments significantly raises the barrier for attackers. Both analogue (etched steel plates) and digital encryption augment defence-in-depth protections. Moreover, the integration of multi-signature setups and MPC introduces powerful safeguards by requiring multiple approvals before any assets can be moved.
As institutional custody services mature, the family’s scepticism toward centralised vaults—in light of bankruptcy concerns—underscores the importance of self-custody and tailored risk management. Their approach may well become a reference standard for ultra-high-net-worth crypto investors and decentralised protocols.
