Recently, a student at the University of Kent in London was robbed at the tip of the knife for his bitcoin. After eight thugs stormed his dorm room and demanded that he reveal his crypto credentials and passwords, the student had to leave campus and moved home.
Freshman student loses bitcoin in a campus robbery
One recently report shows that a college student who started the year as a freshman was robbed at the University of Kent, a school in the historic city of Canterbury. The student’s mother reports that her son spoke to a friend from school about cryptocurrencies five days before the start of his class.
“They only had boys’ conversations. [Then] the conversation turned to [finance] and the friend started talking about cyber currency, ”explained the student’s mother. After the discussion, the boy’s friend claims that the student brought eight friends from East London to visit the student’s room and that he immediately “knew he was in trouble,” said his mother.
The student says his bitcoin stash was worth around £ 6,000 ($ 82,000) at the time it was robbed. But now that same bitcoin stash is worth £ 68,000 ($ 93,000), and the gang of thugs stole his £ 3,000 worth of school fees. The student then called the police and ran to the security hut and the student’s mother said the guards did not go to the crime scene. The police never came because there were more important things to do that evening. The student’s mother emphasized:
The only action the university took was to move him to another accommodation. He was too traumatized so he moved home even though he had safer and better accommodation.
The police dropped the case 8 months later, mother warns of London’s “Freshers’ Fishing Week”
To make matters worse, the money was never returned to the student. Canterbury County Police Department dropped the case after eight months. The mother said she was upset that Kent security and police had not done anything. She also warned other freshmen that the same thing could happen to them.
“The police commonly call Freshers’ Week ‘fishing week’ because all the criminals come down,” she said. “They know the students have grants, laptops, and new things. Attacks, assaults and hold-ups are widespread across the country, ”added the student’s mother.
The fact is, it is not advisable to give ownership of crypto assets to someone else unless you really trust them. Bitcoin robberies have been going on for years, but since the massive surge in value of the crypto economy in the second half of 2020, there has been an increase in crypto robberies that use violence to steal Bitcoin or other digital assets.
What do you think of the college student who was knifed by eight thugs and his so-called friend? Let us know what you think on this matter in the comments below.
Photo credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.