A Zimbabwean crypto trader, Lloyd Chiyangwa, has been accused of stealing over $457,000 in digital assets from a client's crypto wallets. Prosecutors allege that Chiyangwa siphoned the funds using seed phrases and passwords he obtained when helping the client set up the wallets.

Although the crime is alleged to have been committed between October 2021 and March 2023, the client only discovered the theft in May when attempting to trade using Trust Wallet. Chiyangwa has been charged with theft and money laundering and is currently being held in custody while his bail application is studied.