UK crypto trader says almost $800,000 lost in knife attack as wrench attacks proliferate
Summary
A British digital asset trader recently reported a violent home invasion involving masked intruders. According to the victim, the attackers used a knife to force the transfer of a substantial crypto fortune, intensifying worries about the rising trend of physical extortion targeting digital wealth holders.
A crypto trader in the U.K. claimed masked intruders stole nearly $800,000 in cryptocurrency at knifepoint, furthering concerns of "wrench attacks" spreading in the country.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.