I had 750k to buy a house – then lost it in a ‘cryptomugging’
The post I had 750k to buy a house – then lost it in a ‘cryptomugging’ appeared on BitcoinEthereumNews.com.
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it. Your support makes all the difference. Read more Toby Atkinson* was on his way home from after work drinks in Shoreditch when his unlocked phone was swiped clean out of his hands. This alone doesn’t make the 30-year-old special; Britain is in the midst of a phone-snatching epidemic, which sees more than 225 devices stolen on average each day. But, by the end of the evening, Atkinson’s swift mugging would cost him a stomach-churning £750,000. While a new iPhone these days will set you back between £450 and £1500, thieves are in it for much more than the profits from the resale of a stolen device. In a wave of “cryptomuggings”, robbers are targeting those who’ve invested in digital currency, like Bitcoin, to loot their phones for hundreds of thousands. Atkinson, who started investing in crypto after his mum gave him £100 pocket money for his 16th birthday, had…
Filed under: News - @ March 28, 2025 6:17 am