A UK-based crypto trader says intruders entered his home on Monday night, taped him up, held him at knifepoint and forced the theft of about $800,000 in digital assets.
Blockchain records linked by the victim show the funds arriving in a Solana wallet in two transactions late on Oct. 12, then sitting there for more than two hours before being moved out shortly after he publicly flagged the address on X early the next morning.
Two deposits formed the bulk of the reported haul
The victim shared a Solana address he described as the wallet holding the stolen funds, along with a Solscan link for the same address. The on-chain record shows a first incoming transfer of 346.13 SOL at 10:38 p.m. on Oct. 12 from a single sending address.
A second and much larger deposit followed at 10:58 p.m., when 718,735.8 USDC landed in the wallet. Using a SOL price near $107, the two transfers together were worth about $756,000, close to the roughly $800,000 figure the trader reported.
Funds moved soon after the victim posted publicly
According to the timeline visible on-chain, the wallet remained untouched for more than two hours after the deposits arrived. The victim then went public on X at 1:09 a.m. on Oct. 13.
The SOL was sent out first at 1:20 a.m. in two transactions: an initial 20 SOL transfer followed by the remaining 326.13 SOL. At 1:41 a.m., the full 718,735 USDC was forwarded to a fresh address, leaving only dust in the original wallet.
The sequence does not establish who controlled the destination wallet, but the timing led the source article to suggest the person or group behind it may have been monitoring X after the victim disclosed the address.
Case lands amid a wider rise in 'wrench attacks'
The reported robbery comes amid a broader increase in so-called wrench attacks, in which attackers use threats or physical violence to force access to crypto holdings. Chainalysis has said such incidents totaled $30 million worldwide in the first half of 2026.
According to the same data cited in the source, home invasions rose into the double digits within a year and made up about 41% of all recorded incidents. Europe accounted for roughly three-quarters of cases.
Britain has also seen similar allegations
While France has been described as the center of many recent incidents, the UK has also recorded cases. In September, Crimestoppers offered a £10,000 reward tied to a December home invasion in Solihull.
In that case, police said three men followed a couple into their home, assaulted the husband, threatened his pregnant wife with a knife and forced a crypto transfer, while a fourth suspect allegedly directed the group over a video call.
What is confirmed so far
At this stage, the publicly visible evidence consists of the victim's account and the blockchain activity in the wallet he identified. The transfers into and out of that address can be verified on-chain, but the source article did not report arrests or an official recovery of the funds.
The latest confirmed step in this case is the onward movement of the stolen assets from the flagged wallet to another address after the victim's post on X.
Source: news.bitcoin.com