Stolen iPhone and $14,000 Loss Highlight London’s Growing Crypto Theft Problem
Key Highlights: A victim identified as Ahmad suffered an estimated $14,000 in total financial losses following a street phone snatching in East London. Within hours of the theft, criminals drained multiple crypto wallets—including MetaMask, Phantom, and Bybit—and opened leveraged trading positions on eToro. Unauthorized transactions included retail charges at Costcutter and rides on Uber before ...