financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
US Tourist Drugged and Robbed in London: $123K in XRP, BTC Vanishes
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Tourist Drugged and Robbed in London: $123K in XRP, BTC Vanishes
May 25, 2025 6:50 PM

A US software developers brief London layover turned into a nightmare after a suspected abduction and crypto theft left him physically injured and financially gutted.

Jacob Irwin-Cline, 30, says he was drugged by a fake Uber driver in the early hours of May 9, who allegedly used coercive tactics and a spiked cigarette to steal access to Irwin-Clines crypto holdings. In the process, the victim was drained of a staggering $123,000 from his digital wallets.

Drugged, Injured, and Robbed

According to a report by MyLondon, the Portland native had stepped out for drinks at The Roxy nightclub in Soho and planned to return to his Bayswater hostel shortly after 1:30 AM. But after calling a legitimate Uber through the app, a man resembling the drivers profile pulled up in a different vehicle, a dark sedan rather than the listed Toyota Prius.

Lured by familiarity, Irwin-Cline accepted a cigarette from the driver, which he believes was laced with scopolamine, a drug known to render victims pliable and amnesic.

What followed was a blur: Irwin-Cline recalled that he intermittently lost consciousness, during which he said to had handed over passcodes, and vaguely navigated through his apps before being ejected from the vehicle. He also said that the driver struck him during the abrupt escape.

The attacker reportedly exploited Irwin-Clines Revolut app to access multiple crypto wallets and extracted roughly $72,000 in XRP, $50,000 in Bitcoin, and smaller altcoin amounts. The victims phone and laptop were both compromised his laptop was remotely wiped, and his phone was stolen.

Despite a desperate scramble to recover his accounts, aided by a flatmate back in the US, the digital assets were gone within hours. He said he was left barely able to walk and emotionally devastated.

While he does not believe he was deliberately targeted, the attack mirrors rising cases across Europe involving so-called wrench attacks, where physical coercion is used to force crypto access. The Metropolitan Police and FBI cybercrime team are now investigating, but Irwin-Cline fears the odds of recovery are slim.

Physical Attacks Escalate

As the industry gains wider acceptance and popularity, there has been a worrying increase in physical assaults targeting individuals holding Bitcoin and other cryptocurrencies.

Earlier this month, a failed kidnapping attempt in Paris targeted the daughter and grandson of a prominent crypto executive. Masked attackers ambushed the family during a school drop-off but fled after the couple resisted, with one attackers gun later revealed to be a replica. The incident, caught on camera, adds to a string of violent crypto-related crimes in France. Victims were confirmed to be relatives of Paymium CEO Pierre Noizat.

Previous attacks include a kidnapped crypto millionaires father and a ransom assault on Ledgers co-founder, both involving mutilation.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Common Mistakes to Avoid when Trading Forex or Any Other Assets
Common Mistakes to Avoid when Trading Forex or Any Other Assets
Apr 4, 2024
Most Read: US Jobs Report Preview - Market Impact Analysis; Setups on USD/JPY, Gold Prices Trading in financial markets can be rewarding, but it's also fraught with risks. Many beginners, and even experienced traders, often fall into common traps that can lead to losses. Understanding and avoiding these mistakes is crucial for long-term success and consistency. One of the most...
Which Will be the Top Meme Coins in April? ChatGPT Analyzes
Which Will be the Top Meme Coins in April? ChatGPT Analyzes
Apr 4, 2024
TL;DR ChatGPT predicts that well-known cryptocurrencies could lead the meme coin sector in April due to their substantial community support, while also highlighting the rising popularity of new contestants. The chatbot stresses the importance of thorough market research and awareness of the risks involved in investing in such volatile assets. No Surprises? The meme coin sector has made serious waves...
Crypto VC Comeback: Paradigm, Galaxy Digital to Raise Millions for New Funds
Crypto VC Comeback: Paradigm, Galaxy Digital to Raise Millions for New Funds
Apr 4, 2024
The firm, co-founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, is looking to tap into institutional interest in the space following a bear market lull in VC investing. It would be one of the largest new crypto VC funds raised since the market downturn last year, according to an April 3 Bloomberg report citing anonymous sources....
Coinbase’s Base Transaction Volume Surpasses $1.6B: ‘Base Spring Ahead’?
Coinbase’s Base Transaction Volume Surpasses $1.6B: ‘Base Spring Ahead’?
Apr 4, 2024
Coinbases Layer 2 network Base has been dominating the L2 landscape. March has been particularly lucrative for the scaling solution gaining significant traction as a result of increased meme coin frenzy as well as airdrops in recent weeks. With approximately 890,000 daily active addresses, Base has yet again taken the lead, indicating a significant user base engagement, according to IntoTheBlock. Base...
Copyright 2023-2025 - www.financetom.com All Rights Reserved