An Arizona man posing as an Uber driver has been arrested for stealing nearly $300,000 in crypto from unsuspecting passengers.
The suspect would pick up people who called for a real Uber driver, ask to use their phones for directions, and transfer crypto from their wallets to his.
One victim reported feeling threatened by the suspect, who claimed to have a gun.
Fraud related to cryptocurrency is a growing concern, with $5.6 billion lost in 2023 and arrests rare.