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Home»Security and Privacy»Robbers Tied up a UK Crypto Trader at Knifepoint and Took $800K
XRP Price at $1.37 Leaves Evernorth's $214M XRP Buy 46% Underwater
Security and Privacy

Robbers Tied up a UK Crypto Trader at Knifepoint and Took $800K

October 13, 2026No Comments3 Mins Read
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Key Takeaways

  • A crypto owner says robbers held him at knifepoint in the UK and took $800K in crypto earlier today.
  • A Solana wallet he flagged took in 718,735 USDC and 346 SOL, then was emptied within 32 minutes of his post.
  • Chainalysis noted $30 million worth of wrench attacks in H1 2026, while home invasions jumped into double digits within a year.

“No, This Is Not Satire”

The news broke earlier today, with the victim taking to social media and posting a warning to everyone in the country:

“If you live in the UK and do crypto get the f**k out.”

He then described a home invasion in which he was taped up, held at knifepoint and robbed for $800k, adding, “No this is not satire, I f**king wish it was.”

About an hour later, X user pr6spr vouched publicly for the victim and urged followers never to keep more than 10% to 20% of their net worth in crypto. The trader did not name a city, and no UK police statement had been published at the time of writing, so the account so far rests on two testimonies and a blockchain transaction.

The Onchain Trail, Minute by Minute

The victim attached a Solana address labeled “wallet with stolen funds,” along with the associated address on Solscan. The latter revealed a tight sequence of events:

With SOL’s price currently near $107, the two deposits were worth roughly $756,000 combined, close to the trader’s $800,000 figure. The timing is also striking given that the attackers’ wallet sat untouched for more than two hours after the deposits and was emptied within 32 minutes of the victim’s post going live. That suggests whoever controls it was watching X.

See also  Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn Verification

The choice of USDC also matters since Circle can freeze its stablecoin at the contract level, so turning stolen funds into USDC is a risk for the thieves, and quick onward transfers are the usual way around it. Whether investigators or Circle can catch the funds before they reach a mixer or an offramp is now an open question.

Why the UK Isn’t the Safe Zone People Assumed

The entire episode comes at a time when such incidents are already on the rise. To this point, security firm Chainalysis verified $30 million worth of wrench attacks worldwide during the first half of 2026. Home invasions were the big shift, climbing from a single publicly reported case a year earlier to 20, or about 41% of all incidents. Europe accounted for about three-quarters of the cases.

France has been the epicenter, but Britain has its own open file. In September, Crimestoppers offered a £10,000 reward over a December home invasion in Solihull. Police say three men followed a couple inside, beat the husband, threatened his pregnant wife with a knife and forced a crypto transfer while a fourth suspect directed them by video call.

The pattern is not limited to Europe either and Bitcoin.com News reported last week that three armed men raided a gated home near Pattaya and drained $820K in crypto from an expat at gunpoint, a near-identical sum.

Thieves Hold Pattaya Expat at Gunpoint to Drain $820K in Crypto

Bitcoin.com News
Thieves Hold Pattaya Expat at Gunpoint to Drain $820K in Crypto

Bitcoin.com News

Local reports indicated that the gang held the unidentified foreigner at gunpoint, restrained him, and forced him to transfer the…

800k Crypto Knifepoint Robbers tied Trader
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