Crypto muggers in London target digital investors by taking phones: report

Canada News News

Crypto muggers in London target digital investors by taking phones: report
Canada Latest News,Canada Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Criminals are combining muscle with knowhow to part people from their cryptocurrency.

Thieves are targeting digital currency investors in a wave of “crypto muggings,” UK police said, with victims reporting big sums stolen after their mobile phones were seized, the GuardianCriminals are combining muscle with knowhow to part people from their cryptocurrency, according to City of London police. Crypto transfers are irreversible, unlike bank transfers, making the crime attractive to thieves.

In another case, a victim told police his phone was pickpocketed after an evening at a pub, with £10,000 later stolen from an account with investing platform Crypto.com. The victim was using his phone in the pub and figured that thieves saw him type in his account pin.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Mortgages: How You Can Buy a House Using a Crypto-Backed LoanCrypto Mortgages: How You Can Buy a House Using a Crypto-Backed LoanFor crypto-rich homebuyers who never want to cash out their digital assets, crypto-backed mortgages could be a good option. sndr_krisztian reports on what you need to know:
Read more »

New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund – Finance Bitcoin NewsNew Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund – Finance Bitcoin NewsNawaz Ahmed's work grants GD1 a vital platform to test the fund's 'thesis around the concept of permissionless innovation that web3 is built on.' permissionless
Read more »

Nvidia didn't tell investors enough about effects of crypto mining on its business, SEC saysNvidia didn't tell investors enough about effects of crypto mining on its business, SEC saysIn 2017, ETH rose from $10 to $800, driving demand for Nvidia graphics cards.
Read more »

Nvidia fined $5.5 million for hiding how many gaming GPUs were sold to crypto minersNvidia fined $5.5 million for hiding how many gaming GPUs were sold to crypto minersInvestors 'routinely' asked about its crypto sales.
Read more »

NVIDIA pays $5.5 million to settle SEC charges over GPU sales to crypto miners | EngadgetNVIDIA pays $5.5 million to settle SEC charges over GPU sales to crypto miners | EngadgetNVIDIA has settled with the SEC over charges it didn't disclose how much it benefited from GPU sales to crypto miners..
Read more »

Crypto Mixer Used by North Korea Gets Sanctioned by US GovernmentCrypto Mixer Used by North Korea Gets Sanctioned by US GovernmentCrypto mixer that has helped North Korea to launder a portion of stolen crypto has been sanctioned by the U.S. government
Read more »



Render Time: 2025-03-10 04:04:39