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Oct 14, 09:34 AM
Rise in In-Person Crypto Robberies in Western Europe, $4.3M Stolen
Europe
Crime
Culture
World

Rise in In-Person Crypto Robberies in Western Europe, $4.3M Stolen

Authors
  • KuCoin
  • CoinGecko
  • Benjy Sarlin
13

Blockchain investigator ZachXBT has reported a significant increase in in-person crypto robberies, particularly home invasions in Western Europe. Victims have been forced to transfer large amounts of cryptocurrency under threat of violence, sometimes involving machetes. One case involved $4.3 million worth of crypto being stolen. In 2023 alone, there have been 17 such incidents. These crimes are often facilitated by information obtained from data breaches.

Written with ChatGPT (GPT-4o).

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