Ring of Thieves Swipes $150,000 From Buggy Bitcoin ATMs, and Police Can’t Figure Out Who They Are
A team of bitcoin bandits hit paydirt by taking back of buggy cryptocurrency ATMs in seven Canadian cities, consistent with police, netting a $195,000 CAN rating—about $150,000 U.S. And Toronto police are asking for support figuring out the suspects.
The counterfeit transactions took location over a 10-day duration from September 16 to 26 final year, and targeted a whopping 112 bitcoin ATMs. Toronto police published a news free up and photography on Wednesday because the suspects are still at gargantuan.
It’s scheme the assaults took back of the so-called ‘double spending’ anguish with digital goods that cryptocurrency is fundamentally designed to take care of. (For simplicity’s sake, judge of it as abusing credit score card chargebacks.) All of the assaults were conducted against the ATMs from one particular company, which authorities declined to name.
Previously, thieves rep crowbarred originate a bitcoin ATM in Texas (presumably for the money interior), and others within the Netherlands honest correct stole the total machine, neither of which were likely as profitable.
[The Next Web]