Thieves Are Targeting UK Investors' Phones to Steal Crypto: Report

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Thieves Are Targeting UK Investors' Phones to Steal Crypto: Report
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Multiple reports from victims have confirmed a new wave of muggers targeting the phones of crypto investors to steal their assets.

Digital asset investors residing in London are currently facing threats to the security of their holdings as a new wave of “crypto mugging” surfaces.by the Guardian, London police have received countless anonymous reports of victims losing huge sums of money in crypto after their phones had been forcefully seized by muggers.

In one of the reports, the victim was trying to order an Uber when muggers forced them to hand over their phone. Although the gang eventually returned the phone, the victim found out that £5,000 worth of ETH was missing from theirAnother victim told police that his phone and cards were pickpocketed after an evening at a pub.

Ariss further urged the public to be cautious when accessing their crypto wallets, especially in public spaces. He said, “You wouldn’t walk down the street holding £50 notes and counting them. That should apply to people with crypto assets.”

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