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A stolen iPhone, $14,000 in losses and London's crypto theft problem

CoinDesk·October 31, 2026·1 min read
A stolen iPhone, $14,000 in losses and London's crypto theft problem

Two strangers befriended Magnus Ahmad outside a London bar, then emptied his crypto wallets, accessed his bank accounts, and disabled his laptop, causing $14,000 in losses. The incident highlights London's growing crypto theft problem, where thieves target individuals in person to steal digital assets and personal information.

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