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Investor drugged and robbed of $123 k in bitcoin in london

A US crypto investor reported a shocking $123,000 loss in Bitcoin and XRP in London. Jacob Irwin-Cline claims he was drugged and robbed by a man masquerading as an Uber driver, raising questions about safety in the city’s ride-sharing scene.

By

Ahmed El-Mansour

May 21, 2025, 10:34 AM

Edited By

John Tsoi

Updated

May 21, 2025, 10:49 AM

2 minutes needed to read

A person looking shocked and confused in an urban setting, with a visible wallet and digital currency symbols nearby, representing a robbery situation.
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Incident Overview

Irwin-Cline's night took a dark turn after he accepted a cigarette from the suspect, which he believes was tainted with scopolamine, a drug known for incapacitating victims. Once he passed out, the thief accessed Irwin-Cline's phone, stealing his passcode and draining his cryptocurrency wallets.

Investigation Status

Both the Metropolitan Police and the FBI are involved in the investigation, stating that recovery of the stolen funds seems unlikely. Uber is also conducting an internal probe into the incident.

Voices from the Forums

The event prompted varied commentary on forums:

  • Doubt on Execution: Many people expressed disbelief at how the robbery was carried out. "You’d have to target the guy specifically it seems quite fanciful," noted one commenter, highlighting the challenges in orchestrating such a scheme.

  • Concerns About Data Leaks: Some connected the incident to potential data breaches, questioning if sensitive information from exchanges like Coinbase could facilitate such targeting. "Could it be connected to the Coinbase leak?" a user remarked, signaling growing concerns over security.

  • Humorous Reactions: Dark humor emerged as well, with quips about the term "Fake Taxi" sparking light-hearted banter amidst a serious situation. One user joked, "Great for the self-assessment tax form claim though…"

"If you're going to make up a story, you'd probably make up a more believable one than that," added another, reflecting the skepticism surrounding Irwin-Cline's claims.

Key Points

  • β–³ $123,000 lost in Bitcoin and XRP.

  • β–½ Recovery chances are slim, as confirmed by police.

  • β€» "Could it be connected to the Coinbase leak?" – highlights security concerns.

Implications for Ride-Sharing Safety

As the investigation unfolds, this case shines a light on increasing safety concerns in London's ride-sharing industry. With scams becoming rampant, experts predict that stricter driver verification measures might emerge, prioritizing public safety.

Interested conversations are already brewing on forums about safeguarding digital currencies and remaining vigilant when using ride services.

Reflections on Historical Trends

Historical parallels draw attention to incidents like ATM skimming, where technology initially fostered trust but eventually invited exploitation. Just as people adapted to safeguard their assets in that era, similar precautions may become necessary in today’s ride-sharing context. How prepared are people to navigate these risks?

In this evolving landscape, it’s clear that as technology advances, so do the tactics of those seeking to exploit it.