Since Bitcoin (BTC) has picked up the hype and has been a source of significant capital drawn around the crypto ecosystem, security breaches including hacks and theft cases have kept on increasing. Recently, a Bitcoin ATM (automatic teller machine) in the United States has reportedly been stolen, and the thieves were caught on a camera.
As per the report published today, on 22nd August, by a Finnish news source named ILta Sanomat, two thieves were allegedly caught on tape while doing the heist. According to the report, the Bitcoin ATM that is located in a mall in Washington DC got stolen on 3rd Aug. The two robbers were recorded stealing the ATM by a security camera as the machine was taken away.
With a lack of security in the mall, the robbers took the advantage and entered the mall. They looked to have complete information regarding the shop from where the Bitcoin ATM was stolen, as the shop was closed at the time of the heist.
No one was able to notice the suspicious behavior of robbers and the security was not able to catch them up, as they entered the shopping center, located the shop, took the ATM out of the mall to the van and then drove away.
However, this is not the first time Bitcoin ATM was stolen. Back in July, a same kind of incident was reported from Birmingham, England where a group of masked men made a raid on Bitcoin exchange and tried to stole an ATM with a rope attached to their car.
What’s more exciting and appalling is that after the police investigation took place, it was reported that police called the ATM operator and the exchange (Coinme) owner and he was then informed about the robbery. We can assume that how good were the thieves and also the lack of security from the exchange.
Almost around 5K Bitcoin ATMs are in operation across the globe, and millions of worth capital are begin traded. Evidently, Bitcoin ATM operators need to be much more careful and put extra security for the machines to remain safe from such an incident.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
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