New words 18 July 2022 crypto mugging noun [C] UK /ˈkrɪp. | Cambridge Words 2022
New words 18 July 2022
crypto mugging noun [C]
UK /ˈkrɪp.təʊ ˌmʌg.ɪŋ/ US /ˈkrɪp.toʊ ˌmʌg.ɪŋ/
the illegal activity of attacking someone in order to steal their mobile phone and use it to take control of their cryptocurrency
Police have warned digital asset investors of a wave of “crypto muggings” in London, following a series of crime reports. While cybercrime usually takes place online, London police have revealed that criminals are stealing mobile phones on the street specifically to steal cryptoassets such as Bitcoin.