MARCH 2018




"The world’s first Bitcoin ATM opened at a cafe in Vancouver Canada in October 2013. At the time, the price of one bitcoin was around $140."


"According to data from Bitcoin of America, the number of Bitcoin ATMs around the world has increased from around 450 in October 2015 to 1,590 just a couple of years later." "As the value of bitcoin continues to increase, criminals are realizing that these machines are likely to contain ever-increasing amounts of cash. Add to that the fact that they are usually not in very secure locations, such as banks, and so it is no surprise to see the number of attacks on such relatively easy targets increase."


"Two men in Texas (in the Dallas / Fort Worth area) are using bear spray to rob Bitcoin ATMs."


"According to Dallas News, the criminals — two men in their late 20s to early 30s — committed their first robbery on March 22, 2018 in Irving." "Six days later, a similar robbery took place at the Exxon in the 2200 block of Oates Drive, near North Galloway Avenue in Mesquite." "The men used almost exactly the same modus operandi six days later, this time in Mesquite, another Dallas suburb."


"Around 11:30 a.m., a man wearing a gray hoodie and a red Nike cap sprayed the clerk with pepper spray. A second person then broke into the store's Bitcoin ATM."


"The pair then fled in a vehicle, police said."


"Police described the robbers as black men in their late 20s to early 30s."


"The first was about 6 feet tall and 180 pounds, and was wearing a gray and black Nike hoodie, blue jeans and black and white sneakers."


"The second was about about 6 feet tall and 140 to 160 pounds, and was wearing a black jacket, sagging jeans over blue underwear, maroon sneakers, blue gloves and a gray Oakland Raiders cap."


"Irving and Mesquite police are working together on the incidents, authorities said."

Thieves broke into the bitcoin ATM at an Exxon in Mesquite. This case was suspected to be done in the same manner as a previous theft 6 days earlier, in which two large cases full of cash were removed from the machine, with unknown contents. No bitcoin were stolen. It is unknown if the thieves were apprehended.

Sources And Further Reading

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