Blockchain investigator ZachXBT has reported a growing trend of thieves targeting cryptocurrency traders through in-person robberies. In an October 10 post, he shared that several victims from Western Europe had contacted him recently, claiming to have been robbed during home invasions.
ZachXBT also revealed that in one notable incident, a victim lost $4.3 million in cryptocurrency during a home invasion in June 2024. The attackers had obtained the victim’s personal information through a data breach, tracked the individual, and disguised themselves as delivery personnel before entering the home armed with machetes. The thieves forced the victim to transfer the funds to two wallet addresses, which remain inactive.
The investigator urged crypto holders to be cautious and avoid sharing personal details or flaunting their assets on social media. According to GitHub, there were at least 15 offline crypto theft incidents reported globally over the past year, with a total of 17 cases in 2023 and 32 in 2021.
Summary Review: ZachXBT, a blockchain investigator, has observed a rise in offline robberies targeting crypto traders, particularly in Western Europe. In one case, thieves stole $4.3 million in a home invasion after obtaining the victim’s personal information from a data breach. ZachXBT warns crypto users to be careful with their personal details and avoid flaunting their wealth online. Reports from GitHub indicate that such crimes are becoming more common, with at least 15 incidents in the last year.
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