Crypto thefts are increasing which should make know the reason privacy is very important. According to police, this happened in November of last year. They were three teens which kidnapped someone who just finished hosting a crypto-related event in downtown Las Vegas. They told the person that they have also kidnapped his father as they want him to give them his account password.
Honestly it is quite saddening the way crypto thefts have taken over the ecosystem. Basically these people that are being targeted by thieves, hackers and scammers these days are victims of low or compromised privacy and KYC data. This is because those hackers and scammers have information on them before they proceed to pull off an attack.
You can't expect them to randomly know those things and it's the reason why we should be cautious how we share information about our Hodlings and also the kind of services you offer your KYC data to.