Bitcoin ATM Ripped Off by Thieves From Barcelona Crypto-Store

Spanish police are investigating the theft of a ‘Bitcoin ATM’ in a raid on a cryptocurrency alternate outlet in a rich Barcelona neighbourhood, native media reported on Friday.

Bitcoin ATMs enable clients to buy cryptocurrency utilizing money or a debit card, whereas some additionally let customers to alternate their crypto holdings for money.

In line with knowledge from the Coin ATM radar web site, which tracks the placement of crypto ATMs, Spain has 158 such machines, the very best quantity in Europe.

Catalonia’s Mossos d’Esquadra police pressure stated an AfTM had been stolen at round 3 a.m. and declined to offer any extra data to keep away from hindering the investigation.

Citing police sources, EFE information company stated thieves took the Bitcoin ATM from a store on Beethoven road within the Sarria space, house to a department of the GBTC cryptocurrency alternate.

GBTC didn’t return a number of requests for remark and the police declined to verify the precise location of the theft.

An unverified video purporting to point out the crime confirmed an SUV ramming into the closed shutters of the GBTC storefront earlier than half a dozen or so folks in hoods carried the money machine right into a second automotive ready on the road.

One of many assailants sprayed a hearth extinguisher at onlookers as the 2 automobiles sped off into the evening.

Fascinated with cryptocurrency? We focus on all issues crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Devices 360 podcast. Orbital is offered on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital forex, not a authorized tender and topic to market dangers. The data supplied within the article isn’t supposed to be and doesn’t represent monetary recommendation, buying and selling recommendation or some other recommendation or suggestion of any type provided or endorsed by NDTV. NDTV shall not be liable for any loss arising from any funding based mostly on any perceived suggestion, forecast or some other data contained within the article.

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