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Peter McCormack Eyes Private Security to Combat Bedford Crime

Peter McCormack Eyes Private Security to Combat Bedford Crime

Cryptocurrency

Prominent Bitcoin podcaster and owner of Real Bedford FC, Peter McCormack, is taking action to address rising crime rates in Bedford. Frustrated with the local police force's effectiveness, McCormack is launching a privately funded security initiative, drawing comparisons to a real-life Batman.

McCormack Funds Private Security Pilot Project

McCormack announced on X that he is personally funding a pilot project to enhance security in Bedford. Ten guards will patrol the town center every Saturday. "As I promised, if the police won’t keep the town safe for our women and children, I will," McCormack stated.

Criticism of Police Performance

McCormack voiced strong criticism of the local police, stating, "The police have failed us. More crackheads, more aggressive beggars, more shoplifters, and therefore fewer people coming into town. Women are being harassed, shops are closing, and families no longer feel safe." He claims this action was taken after his warnings to the police went unheeded.

Cryptocurrencies, United Kingdom
Source: Joey Jo Jo J

McCormack's Bedford Investments

McCormack is a strong advocate for Bedford, a town of approximately 185,800 residents. He owns multiple businesses there, including Real Bedford FC, which is backed by Gemini co-founders Tyler and Cameron Winklevoss. He has surveyed residents about crime and is organizing a community meeting to gather further support.

Cryptocurrencies, United Kingdom
Source: Walker America

Legality and Operation of Private Security

The operational specifics and legal authority of these private security guards remain unclear. Vigilantism is illegal in the UK. However, they could potentially function as informants, providing video footage to the police, similar to traffic vigilantes.

Private Security on the Rise

Experts suggest that privately funded security is becoming increasingly common due to police staffing shortages. Lieutenant Eric J. Altorfer of the San Francisco Police Department noted in May that communities are turning to private security firms to fill resource gaps. Formalizing the relationship between private firms and public law enforcement while maintaining accountability is crucial for success.

As communities explore new security measures, ensuring the safety and integrity of blockchain-based solutions becomes increasingly important. Codeum provides comprehensive smart contract audits, KYC verification, and custom smart contract development to protect against vulnerabilities and ensure compliance within the blockchain space.

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