QI Quadriga Initiative

Oct 2021 - Silicon Valley Liquor Bitcoin ATM Robbery - $Unknown (Global)

"Bitcoin ATMs have popped up across the United States over the past year. The machine allows customers to buy or sell the digital currency, and sometimes extract cash, according to a Reuters report on the growing popularity of Bitcoin ATMs."

"Video obtained by NBC Bay Area appears to show the Bitcoin ATM wrapped with a cord and tied to the back of a white van outside the liquor store. The van then drives forward to pull the machine through the front of the store, knocking out a front door."

"Police said they are reviewing the surveillance video and are investigating.

No other information was available on the incident."

Further Analysis

Surveillance footage captured thieves stealing a Bitcoin ATM from a Silicon Valley liquor store around 4:50 a.m. local time on Thursday. The video shows the ATM being tied to the back of a white van, which then drives forward, pulling the machine through the store's front entrance and knocking out a door. Police are reviewing the footage and investigating the incident, with no further details available.

How Could This Have Been Prevented?

More Cryptocurrency Exchange Hacks/Scams/Frauds

Ribbon Finance Sybil Attack > > < < salmonfisker Shibaswap MetaMask Phishing

Sources/Further Reading

Thieves Break Into Silicon Valley Liquor Store to Steal Bitcoin ATM – NBC Bay Area (Dec 31)
Thieves Break Into Silicon Valley Liquor Store to Steal Bitcoin ATM - YouTube (Dec 31)
@scottbudman Twitter (Dec 31)


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