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Investor loses $123 k in bitcoin, xrp after drugging in london

A U.S. crypto investor claims he was drugged and robbed of $123,000 in Bitcoin and XRP in London. The incident, which has sparked concerns about safety in ride-sharing, happened after a night out when the victim accepted a cigarette from a fake Uber driver. This situation raises uncomfortable questions about security measures in the industry.

By

Aisha Patel

May 21, 2025, 10:34 AM

Updated

May 21, 2025, 10:47 AM

2 minutes of reading

A distressed investor sits in a fake taxi in London, looking worried and checking his phone after being robbed.
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What Happened?

Jacob Irwin-Cline, the victim, reported that after accepting the cigarette, he believes a substance, possibly scopolamine, incapacitated him. The fraudulent driver accessed his phone, found his passcode, and transferred his crypto assets before fleeing.

Community Reactions

Discussions across forums highlight skepticism toward the execution of the robbery. One commenter noted, "This would be quite hard to pull off. You’d have to target the guy specifically and hope he accepts the cigarette." The doubts about the robbery's feasibility are palpable among community members.

Another user speculated whether this incident is linked to a recent leak from Coinbase: "Could it be connected to the Coinbase leak? At least the robber could've found him with that data." These comments underscore growing concerns regarding security not only in ride-hailing but also in crypto exchanges, which are seen as vulnerable.

Investigation Status

Metropolitan Police in London, in partnership with the FBI, are actively investigating the case, although sources confirm the chances of recovering the lost assets remain minimal. Uber is conducting its own investigation, aiming to strengthen rider safety.

"This sets a dangerous precedent," warned one outraged forum commenter, reflecting the community's escalating concern.

Safety Concerns Amplified

In light of this incident, the ride-sharing industry faces increased scrutiny. Experts predict about a 70% chance that companies like Uber will implement stricter verification measures for drivers and passengers. Potential measures may include enhanced background checks and educational campaigns about the risks of accepting rides from unidentified drivers. Law enforcement could step up efforts to crack down on fake ride services as public demand for safety grows.

Key Insights

  • 🚨 Investment at Risk: Irwin-Cline lost $123,000 in cryptocurrency due to a sophisticated scam.

  • πŸ” Ongoing Investigations: Both local law enforcement and Uber are exploring the events around the robbery.

  • πŸ€” Safety Concerns: Increased discussions about the potential for scams in ride-sharing highlight vulnerabilities that need addressing.

While the investigation unfolds, the question remains: what further measures will be taken to protect vulnerable individuals in similar situations? With ride-sharing becoming ubiquitous, protecting people from scams must become a priority.

Interestingly, this incident serves as a cautionary tale about the need for heightened awareness in an ever-connected world.