Cryptocurrency Community Criticizes Publication of New York Real Estate Database
The New York City authorities have published a real estate database for a new "pied-à-terre" tax, sparking significant criticism from the crypto community. The registry lists owners of residential properties valued over $5 million who have a primary residence outside the city. Critics argue that while property records were previously public, this centralized, easily searchable database aggregates data in a way that clearly identifies wealthy individuals, making them targets for criminals.
Key figures like Uniswap founder Hayden Adams labeled it "mass doxxing," noting it includes primary residences, not just secondary homes. Others, including Helius CEO Mert Mumtaz and Castle Island Ventures partner Nic Carter, warned it creates a dangerous "target list" that could facilitate kidnappings and physical attacks, a risk underscored by a sharp increase in such crimes against crypto holders in 2026. Security firm CertiK reported a twelve-fold rise in attacks involving physical coercion in the first half of 2026, primarily home invasions in Europe. The crypto industry views this as a major erosion of privacy and a significant security threat.
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