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In Britain, criminals steal phones to steal cryptocurrency

9:24 am, May 9, 2022

The British police have confirmed that they are seeing a «wave of cryptocurrency hunting» in response to complaints from victims of criminals that they have lost their cryptocurrency savings after their mobile phones were stolen.

Unlike bank transfers, cryptocurrency payments are virtually irreversible, making them an ideal tool for criminals. The situations reported to the police vary. One of the victims lost her money in a taxi — the robbers forced her to hand over her phone. However, it was «nobly» returned, but without $ 6000 in ETH, which was on the Coinbase account.

Another victim lost 10,000 pounds after a party at a bar. At some point, the phone simply disappeared, and the money on the Crypto.com account went with it.

In the third case, a robber forced the owner of the phone to unlock it with his fingerprint on the street and then withdrew more than 30,000 pounds to his wallet.

Police representatives noted that officers are currently undergoing retraining to work more effectively with victims of cryptocurrency robberies. However, they are already recommending that you think about better protection of your own investments and, accordingly, less risk.

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