I had 750k to buy a house – then lost it in a ‘cryptomugging’

Britain is facing a phone-snatching epidemic, and for victims of ‘cryptomugging’ the cost is much higher than the price of a new iPhone. Lydia Spencer-Elliott talks to some of those who lost their life savings in the blink of an eye

Mar 28, 2025 - 08:22
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I had 750k to buy a house – then lost it in a ‘cryptomugging’

Britain is facing a phone-snatching epidemic, and for victims of ‘cryptomugging’ the cost is much higher than the price of a new iPhone. Lydia Spencer-Elliott talks to some of those who lost their life savings in the blink of an eye