UPDATED TUE 13 OCT · 04:32 UTCLIVE
SecurityHigh

UK Bitcoin Haul & Crypto Home Invasion Robbery

The UK may keep its £3.8 billion Bitcoin haul after a High Court ruling, while a crypto trader in the UK was robbed of $800K at knifepoint in a home invasion targeting his Ledger device.

What we know

Two UK crypto security stories dominated the hour. On the institutional side, a High Court ruling has raised the UK government's chances of keeping a £3.8 billion Bitcoin haul. On the individual side, crypto trader 'realist' was allegedly robbed of ~$800,000 in crypto during a UK home invasion — intruders used tape, held knives to his face, and forced transfers from his wallets and a Ledger hardware device.

How the story developed

13 Oct · 04:32 UTC

The UK may keep its £3.8 billion Bitcoin haul after a High Court ruling, while a crypto trader in the UK was robbed of $800K at knifepoint in a home invasion targeting his Ledger device.

11 Oct · 23:32 UTC

A bombshell report claims hackers inserted microscopic spy chips into Ledger Bitcoin wallets sold through a fraudulent 'official authorized reseller' in Malaysia, resulting in over $80M in losses.

11 Oct · 22:33 UTC

A Malaysian Ledger reseller was covertly purchased by hackers who inserted microscopic spy chips into hardware wallets, silently compromising over $80M in Bitcoin. The reseller was bound by NDA.

Sources

@FT

“UK chances of keeping £3.8bn bitcoin haul rise after High Court ruling”

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@TheBlockCo

“Crypto trader 'realist' robbed of ~$800K in crypto during UK home invasion; knives, tape, forced Ledger transfer”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.