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

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

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