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Didi Taihuttu Talks About Hiding His Cold Storage Buckets After Selling Everything For Bitcoin Three Years Ago

Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago

Three years ago, a Dutch native told the world that he and his minimal family had sold all their possessions to buy bitcoin. Didi Taihuttu, his family, and their valuables and vehicles were all sold to acquire the digital asset. Taihuttu recently discussed how things have been after three years, explaining that 74% of his crypto holdings are currently held in cold storage.

Taihuttu Family Has Six Cold Storage Stashes. They are Hidden in Several Nations

Didi Taihuttu and his family are doing quite well in 2021 living like digital nomads and hidden hardware wallets all over the world, according to a recent interview with CNBC. Bitcoin.com News reported on the Taihuttu family on October 10, 2017, as Didi Taihuttu told the press he and his wife sold everything for bitcoin (BTC). Taihuttu stated that six hardware wallets are kept secret in the family’s vaults, spread across multiple countries.

Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago
Photograph of Didi Taihuttu back in 2017 and the home he sold for bitcoin. In the CNBC interview, Taihuttu said he purchased bitcoin (BTC) for $900 per unit.

” I have placed my hardware wallets in several countries to ensure that I don’t have to travel far to get to my cold wallet. This is how I can jump out of this market.” Taihuttu said during the interview. Two positions are in Europe, two in Asia, one in South America and the last in Australia. However, 26% of Taihuttu’s crypto stash is in hot wallets while the remaining 74% is stored using cold storage solutions. Taihuttu stated:

I prefer to live in a decentralized world where I have the responsibility to protect my capital.

Taihuttu reveals the Family’s Bitcoin, Litecoin and Ethereum

Assets

Taihuttu referred to his hot wallet stash as “risk capital” and said that he trades day trades from the time he has them. The digital nomad emphasized how he profited with the recent dogecoin (DOGE) volatility in 2021. While 74% of the Taihuttu stash is stretched across nations in cold storage, the family detailed they owned bitcoin (BTC), litecoin (LTC), and ethereum (ETH). CNBC did not get a report from the Taihuttu family on how much they had in their portfolio.

Back in 2017, people called Taihuttu “crazy” but he remarked at the time that his family was “adventurous” and are going to gamble for a moment to live minimalist lives– If you never take a risk, life is boring.” During his interview this week, Taihuttu said that he’s trying to put cold storage solutions on every continent in the world. He finds financial institutions and post offices “too risky .”

” What happens if one of these businesses goes bankrupt Is it possible to access my bitcoins? Do I have access to my bitcoins? Taihuttu stated that he had again placed the trust in a central organization to manage your capital. Taihuttu explained that there are only a few central cold storage solutions that can manage funds well. Taihuttu also added:

They have beautiful setups for inheritance. These companies also handle your estate when you pass away. I believe that they do a wonderful job.

What do you think about Didi Taihuttu’s recent interview and his minimalist family? Please comment below to let us know your thoughts on this topic.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

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MEXC launches STORY (IP) launchpool & airdrop+, offering 68,500 IP & 50,000 USDT in bonuses

MEXC, the world’s leading cryptocurrency trading platform, has announced the launch of its Launchpool initiative in collaboration with the renowned blockchain project STORY (IP). This initiative highlights the close partnership between MEXC and STORY, showcasing their joint efforts to expand the STORY network. By introducing two major events—a Launchpool featuring a 60,000 IP reward pool…


MEXC, the world’s leading cryptocurrency trading platform, has announced the launch of its Launchpool initiative in collaboration with the renowned blockchain project STORY (IP).

This initiative highlights the close partnership between MEXC and STORY, showcasing their joint efforts to expand the STORY network. By introducing two major events—a Launchpool featuring a 60,000 IP reward pool and an Airdrop+ offering 8,500 IP plus 50,000 USDT—this collaboration further accelerates the growth of the STORY network while driving innovation in the blockchain space.

MEXC Supports the STORY Network with the Launch of IP Launchpool

In the digital age, traditional intellectual property (IP) management faces growing challenges. Centralized platforms and complicated intermediaries often lead to inefficiencies, high costs, and trust issues for creators. As a Layer 1 blockchain built with Cosmos SDK, STORY combines DeFi and AI technologies to offer automated, transparent, and cost-effective IP management solutions. With full EVM compatibility and a modular architecture, STORY empowers creators to tokenize their IP assets, automate royalties, and simplify licensing processes. MEXC’s support of the STORY network highlights the growing importance of such innovations in blockchain. 

As a global leader in digital asset trading, MEXC consistently supports innovative blockchain projects. Its Launchpool initiative with STORY reaffirms this commitment. This collaboration not only strengthens the STORY ecosystem but also empowers global creators and developers to explore the potential of decentralized IP management. MEXC’s broad market coverage and strong liquidity offer the environment for blockchain projects like STORY to thrive and bring new possibilities to the digital economy. By allowing users to stake USDT, MX, and IP tokens to earn rewards, MEXC provides a platform for increased exposure and growth for STORY. Visit the STORY (IP) pre-market page to see this innovation in action.

Celebrate the IP Launchpool & Airdrop+ with a Prize Pool of 68,500 IP & 50,000 USDT

As a pioneer in the cryptocurrency industry, MEXC continues to foster innovation and support emerging blockchain ecosystems. MEXC is hosting two major STORY (IP) events: the Airdrop+ event, running from February 12, 2025, 10: 00 (UTC) to February 26, 2025, 10: 00 (UTC), featuring 8,500 IP plus 50,000 USDT in rewards, and the Launchpool, taking place from February 12, 2025, 10: 00 (UTC) to February 15, 2025, 10: 00 (UTC), with a 60,000 IP reward pool. These initiatives underscore MEXC’s ongoing commitment to advancing blockchain innovation and delivering valuable opportunities to the crypto community.

These activities include:

  • Event 1: IP Launchpool – Stake USDT, MX & IP to Share 60,000 IP
  • Event 2: Join Airdrop+ to Share 8,500 IP & 50,000 USDT bonus
    • Perk 1: Deposit and Share 5,600 IP (New User Exclusive).
    • Perk 2: Spot Challenge – Trade to Share 1,700 IP.
    • Perk 3: Futures Challenge – Trade to Share 50,000 USDT in Futures Bonuses.
    • Perk 4: Invite New Users and Share 1,200 IP.

MEXC continues to expand its market share in the centralized exchange space, leveraging its first-mover advantage in listing promising and valuable projects. As one of the leading cryptocurrency exchanges, with its commitment to innovation, user-centric approach, and strategic focus on early-stage token listings, MEXC remains at the forefront of the crypto industry, providing strong access to the rapidly growing blockchain ecosystem.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X TelegramHow to Sign Up on MEXC


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Jailed BTC-e operator Vinnik released in US-Russia prisoner swap

US to release jailed BTC-e operator Alexander Vinnik in a prisoner swap with Russia. Vinnik, arrested in 2017, is part of the exchange that saw Russia release jailed US schoolteacher Marc Fogel. Alexander Vinnik, jailed in the US after being convicted on charges of money laundering, is being released as part of a prisoner swap.…


  • US to release jailed BTC-e operator Alexander Vinnik in a prisoner swap with Russia.
  • Vinnik, arrested in 2017, is part of the exchange that saw Russia release jailed US schoolteacher Marc Fogel.

Alexander Vinnik, jailed in the US after being convicted on charges of money laundering, is being released as part of a prisoner swap.

The former operator of the Russian crypto exchange BTC-e will head to Russia after the Kremlin reportedly agreed to an exchange involving US national Marc Fogel.

According to the BBC, the White House confirmed the prisoner exchange,with Trump having spoken to Fogel.The schoolteacher left Russia on Tuesday, Feb. 11.

Who is Vinnik?

Alexander Vinnik, 44, is a crypto kingpin that operated the Bitcoin exchange BTC-e. Authorities arrested Vinnik in 2017 in Greece, with the Department of Justice filing charges of money laundering involving nearly $4 billion.

According to prosecutors, Vinnik allowed cyber criminals to use BTC-e to launder and store proceeds of crimes, including crypto hacks, ransomware attacks and identity theft.

The Russian national’s reign at the helm of the exchange saw him promote the platform to perpetrators of these crimes. US authorities blamed him for the loss of $121 million.

Notably, New Zealand police also seized $90 million from the BTC-e operator.

Vinnik’s guilty plea in May 2024 meant he faced up to 20 years in prison.

The prisoner swap that sees him leave custody comes after his lawyers failed in a previous attempt to have included in other US-Russia prisoner exchanges. One such push involved the deal that saw Evan Gershkovich, a Wall Street Journal reporter formerly imprisoned in Russia, released.


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