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 DetailsThe Guardian UK’s crime reports detail the thousands of dollars in losses that were incurred by London Police officers. Crypto has been takenBy thugs who are actually there. One victim stated that his phone was picked-pocketed when he was out drinking. They later discovered that $12,000 in (ETH), had been taken from their Crypto.com accounts. According to the victims, they witnessed thieves entering their account pin.

Continue Reading on Coin Telegraph