Catenaa, Sunday, December 07, 2025- A Trinidad man was robbed of eighty five thousand eight hundred dollars in cash during an attempted cryptocurrency purchase in a parking lot on November 29, local reports said.
Two armed men approached a vehicle in a Superpharm lot on Trincity Central Road and took the money and two phones before fleeing in a car.
The buyer had handed a black bag of cash to an associate moments before the attack.
Police said investigations are ongoing.
The robbery is the latest in a series of violent incidents tied to cryptocurrency transactions in several countries. Security analysts describe the crimes as wrench attacks which involve physical force to gain access to digital assets.
A database maintained by a private security firm recorded more than sixty such cases this year. Incidents occurred in homes, parking lots and commercial spaces.
One recent case in Canada involved a family attacked in a home invasion tied to Bitcoin holdings.
Other reports detailed a homeowner in San Francisco tied up by an armed intruder posing as a delivery worker. A separate incident in the United Arab Emirates ended in two deaths after a meeting with people posing as investors.
Analysts said attackers track targets using public blockchain data and social media to identify patterns.
Police in several jurisdictions urged crypto users to avoid cash meetings, use secure custody tools and report online threats to law enforcement.
