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

Source: CoinDesk ·

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

From the source

Two strangers befriended Magnus Ahmad outside a London bar. Hours later, thieves had emptied his crypto wallets, accessed his bank accounts and disabled his laptop. Magnus Ahmad, who had just arrived in London and was enjoying a night out with old friends, handed his unlocked iPhone to a stranger outside a London bar, thinking the man was entering his phone number. Seconds later, another man grabbed it and ran. Within hours, Ahmad's cryptocurrency wallets and financial accounts had been accessed, leaving him with an estimated $14,000 in losses. The theft occurred shortly after 1 a.m. on Aug. 8 in Hackney, east London. Two men initially approached Ahma, a former crypto executive who now runs an AI education business, outside a bar and struck up a friendly conversation. They appeared again near The Dolphin on Mare Street, after his friends had gone inside. "I was putting in his number and he said, 'Oh, let me just do it, it'll be quicker,'" Ahmad recalled in an interview with CoinDesk.…

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