News
UK Crypto Trader Robbed at Knifepoint
A UK-based crypto trader reported being robbed at knifepoint and having $800,000 stolen from his wallet. The victim, who has not named his location, described a home invasion where he was taped up and held at knifepoint. The wallet he flagged shows roughly $756,000 before being moved out. The news broke earlier today, with the victim taking to social media and warning others to get out of the UK if they engage in crypto. The incident comes at a time when such security incidents are on the rise, with Chainalysis verifying $30 million worth of wrench attacks worldwide during the first half of 2026, with home invasions accounting for about 41% of all incidents. The pattern is not limited to Europe, as Bitcoin.com News reported that three armed men recently raided a gated home near Pattaya and drained $820,000 in crypto from an expat at gunpoint.