Tourist – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 18 Aug 2025 08:57:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Tourist – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Thailand’s Digital Tourist Wallet Rolls Out, With Crypto Link Still Stuck in Sandbox https://earlybirdsinvest.com/thailands-digital-tourist-wallet-rolls-out-with-crypto-link-still-stuck-in-sandbox/ https://earlybirdsinvest.com/thailands-digital-tourist-wallet-rolls-out-with-crypto-link-still-stuck-in-sandbox/#respond Mon, 18 Aug 2025 08:57:35 +0000 https://earlybirdsinvest.com/thailands-digital-tourist-wallet-rolls-out-with-crypto-link-still-stuck-in-sandbox/

Thailand introduced its Tourist Wallet for foreign-currency-to-baht QR payments, but the crypto conversion feature is suspended pending a regulatory review through mid-August.

The Bank of Thailand said the Tourist Wallet is meant to solve a practical problem: Cross-border QR links are only live with eight partner countries including Singapore, Malaysia and, soon, China via UnionPay. Travelers from elsewhere still face friction when paying in Thailand, something the new wallet aims to address.

Tourists will be able to top up their wallets with cash at provider counters, foreign debit and credit cards, or overseas bank transfers. Spending caps apply: 500,000 baht ($13,800) a month for merchants with card terminals and 50,000 baht for small shops. Cash withdrawals are prohibited, and accounts can be closed only through redemption.

The crypto angle, however, remains conditional. The country’s Securities and Exchange Commission is testing whether regulated exchanges and custodians can safely let foreign tourists convert crypto into baht balances for use in the Tourist Wallet.

The scheme would require full passport-based know-your-customer identification (KYC), with regulators citing concerns over mule accounts and money laundering. Until the regulatory review process, called a sandbox, closes and regulators publish results, currently scheduled for later this month, crypto holders won’t be able to spend directly.

For now, the Tourist Wallet is a fiat play dressed in QR code convenience, with crypto adoption still pending the outcome of the sandbox process.

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Crypto Heist in London: Fake Uber Driver Steals $123,000 From US Tourist https://earlybirdsinvest.com/crypto-heist-in-london-fake-uber-driver-steals-123000-from-us-tourist/ https://earlybirdsinvest.com/crypto-heist-in-london-fake-uber-driver-steals-123000-from-us-tourist/#respond Sun, 25 May 2025 23:47:55 +0000 https://earlybirdsinvest.com/crypto-heist-in-london-fake-uber-driver-steals-123000-from-us-tourist/

A short visit to London ended in major losses for a US tourist who unknowingly gave a fake Uber driver access to his crypto accounts, according to a May 21 report by MyLondon.

Jacob Irwin-Cline, from Portland, Oregon, had just finished a night out at The Roxy nightclub in Soho on May 9. After leaving around 1:30 AM, he called an Uber to get back.

Footage later showed he had entered the wrong vehicle. Irwin-Cline also noted that he accepted a cigarette when offered by the driver.

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He believes the cigarette was laced with a drug called scopolamine, which can cause confusion and make people more open to suggestion.

Under its influence, Irwin-Cline shared his phone’s passcode. The driver used this to access his Revolut app, which was linked to his crypto wallets. By the time Irwin-Cline was left alone in an unfamiliar part of London, the attacker had already transferred large amounts of digital currency from his accounts.

Irwin-Cline mentioned that he attempted to obtain toxicology results from the hospital and the police, but was told that no tests had been conducted.

According to police, the person did not hack into any systems. They used the unlocked phone and direct access to get into the wallets. About $123,000 worth of cryptocurrency was taken, including $50,000 in Bitcoin
BTC


$107,999.66

, $72,000 in XRP
XRP


$2.32

, and smaller amounts in other tokens.

This kind of theft is sometimes called a “wrench attack”, where someone gains access to digital assets through physical pressure rather than digital methods.

Meanwhile, on May 13, four men attempted to abduct the daughter and grandson of Paymium’s CEO in central Paris. What was their motive? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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US Tourist Drugged and Robbed in London: $123K in XRP, BTC Vanishes https://earlybirdsinvest.com/us-tourist-drugged-and-robbed-in-london-123k-in-xrp-btc-vanishes/ https://earlybirdsinvest.com/us-tourist-drugged-and-robbed-in-london-123k-in-xrp-btc-vanishes/#respond Sun, 25 May 2025 01:05:04 +0000 https://earlybirdsinvest.com/us-tourist-drugged-and-robbed-in-london-123k-in-xrp-btc-vanishes/

A US software developer’s brief London layover turned into a nightmare after a suspected abduction and crypto theft left him physically injured and financially gutted.

Jacob Irwin-Cline, 30, says he was drugged by a fake Uber driver in the early hours of May 9, who allegedly used coercive tactics and a spiked cigarette to steal access to Irwin-Cline’s crypto holdings. In the process, the victim was drained of a staggering $123,000 from his digital wallets.

Drugged, Injured, and Robbed

According to a report by MyLondon, the Portland native had stepped out for drinks at The Roxy nightclub in Soho and planned to return to his Bayswater hostel shortly after 1:30 AM. But after calling a legitimate Uber through the app, a man resembling the driver’s profile pulled up in a different vehicle, a dark sedan rather than the listed Toyota Prius.

Lured by familiarity, Irwin-Cline accepted a cigarette from the driver, which he believes was laced with scopolamine, a drug known to render victims pliable and amnesic.

What followed was a blur: Irwin-Cline recalled that he intermittently lost consciousness, during which he said to had handed over passcodes, and vaguely navigated through his apps before being ejected from the vehicle. He also said that the driver struck him during the abrupt escape.

The attacker reportedly exploited Irwin-Cline’s Revolut app to access multiple crypto wallets and extracted roughly $72,000 in XRP, $50,000 in Bitcoin, and smaller altcoin amounts. The victim’s phone and laptop were both compromised – his laptop was remotely wiped, and his phone was stolen.

Despite a desperate scramble to recover his accounts, aided by a flatmate back in the US, the digital assets were gone within hours. He said he was left barely able to walk and emotionally devastated.

While he does not believe he was deliberately targeted, the attack mirrors rising cases across Europe involving so-called “wrench attacks,” where physical coercion is used to force crypto access. The Metropolitan Police and FBI cybercrime team are now investigating, but Irwin-Cline fears the odds of recovery are slim.

Physical Attacks Escalate

As the industry gains wider acceptance and popularity, there has been a worrying increase in physical assaults targeting individuals holding Bitcoin and other cryptocurrencies.

Earlier this month, a failed kidnapping attempt in Paris targeted the daughter and grandson of a prominent crypto executive. Masked attackers ambushed the family during a school drop-off but fled after the couple resisted, with one attacker’s gun later revealed to be a replica. The incident, caught on camera, adds to a string of violent crypto-related crimes in France. Victims were confirmed to be relatives of Paymium CEO Pierre Noizat.

Previous attacks include a kidnapped crypto millionaire’s father and a ransom assault on Ledger’s co-founder, both involving mutilation.

The post US Tourist Drugged and Robbed in London: $123K in XRP, BTC Vanishes appeared first on CryptoPotato.

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American Tourist Drugged, Crypto Worth $123K Stolen By ‘Uber’ Driver https://earlybirdsinvest.com/american-tourist-drugged-crypto-worth-123k-stolen-by-uber-driver/ https://earlybirdsinvest.com/american-tourist-drugged-crypto-worth-123k-stolen-by-uber-driver/#respond Sat, 24 May 2025 08:26:25 +0000 https://earlybirdsinvest.com/american-tourist-drugged-crypto-worth-123k-stolen-by-uber-driver/

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An American visitor ended up losing $123,000 in crypto after getting into the wrong cab in central London. He said he felt drowsy and blank after taking a cigarette the driver offered him. Thirty minutes later, he woke up on the pavement with a smashed phone and no way to unlock his crypto wallet.

Mistaken Identity At Night

According to My London, Jacob Irwin-Cline hailed what he thought was an Uber at around 1:30 a.m. on May 9, 2025. It wasn’t. The driver looked similar to the person in the app, but the car was different. He didn’t check the plate number. He says he only spotted the mistake after the attack.

Sedative Cigarette Encounter

Based on reports, the driver handed him a cigarette when Jacob was already half asleep. He says it felt odd right away. He thinks it was laced with scopolamine, a powerful sedative. This drug can make you feel calm, confused, or even forget what just happened. He lost consciousness for about 30 minutes. When he woke up, the taxi was gone.

Jacob Irwin-Cline believes he was robbed with the help of scopolamine, a powerful sedative Source: Jacob Irwin-Cline/My London.

Lost Wallet And Cold Facts

His phone was the real prize. It held his private keys and gave full access to his crypto accounts. He later discovered the cab clipped him as he stumbled out. He spent days trying to track down the device. It was never returned. Now he has no way to tap into that $123,000 stash.

BTC is currently trading at $109,858. Chart: TradingView

Rising Threats To Crypto Holders

This case follows other violent crimes targeting people in the crypto world. On May 3, French police freed the father of a crypto exchange owner after he’d been held for ransom. The kidnappers wanted millions of euros. Days later, masked men tried to shove Paymium CEO Pierre Noizat’s daughter and grandson into a van in broad daylight. They fought back and escaped.

Steps To Stay Safe

Experts urge crypto holders to use hardware wallets for large sums and only keep small amounts on a phone. They say matching every ride-share detail helps too. Check plates, car model, and driver name before you step in. Use long passcodes or biometric locks on phones. And if you carry big assets, think about a travel companion or security guard in unfamiliar places.

The growing number of violent crimes against crypto investors shows that digital money can attract more than just hackers online. It can draw real-world danger. Jacob Irwin-Cline’s loss is a stark reminder that convenience often comes at a cost. Stay alert, check the details, and keep most of your holdings offline. That way, you won’t wake up to a $123,000 hole in your pocket.

Featured image from Pexels, chart from TradingView

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