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How to protect yourself from the recent spate of 'crypto muggings'

Published 05/12/2022, 10:12 PM
Updated 05/13/2022, 12:20 AM
How to protect yourself from the recent spate of 'crypto muggings'

How to protect yourself from the recent spate of 'crypto muggings'

There has been a spate of “crypto muggings” in London recently, with thieves threatening crypto holders with violence unless they transfer over their digital currencies held in mobile phone wallets or on crypto exchanges.

As detailed by The Guardian UK, crime reports from the City of London police detail how thousands of dollars worth of crypto has been stolen by thugs in person. One victim said their phone had been pick-pocketed while out drinking and they later realized over $12,000 worth of Ethereum (ETH) had been siphoned from their Crypto.com account. The victims believes the thieves witnessed them type in their account pin.

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