Walnut Creek California Bitcoin ATM Robbery
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Limited details are available about this bitcoin ATM robbery which was shared on Reddit by California resident and Reddit user "Calsmokes".
This exchange or platform is based in United States, or the incident targeted people primarily in United States.[1][2][3][4][5][6][7][8]
About None
"Bitcoin ATM broken into and robbed. Walnut Creek, California."
"In Walnut Creek, Ca., a Bitcoin ATM was broken into by robbers who apparently have no clue how Bitcoin works."
This exchange or platform is based in United States, or the incident targeted people primarily in United States.
The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.
Include:
- Known history of when and how the service was started.
- What problems does the company or service claim to solve?
- What marketing materials were used by the firm or business?
- Audits performed, and excerpts that may have been included.
- Business registration documents shown (fake or legitimate).
- How were people recruited to participate?
- Public warnings and announcements prior to the event.
Don't Include:
- Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
- Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.
The Reality
This sections is included if a case involved deception or information that was unknown at the time. Examples include:
- When the service was actually started (if different than the "official story").
- Who actually ran a service and their own personal history.
- How the service was structured behind the scenes. (For example, there was no "trading bot".)
- Details of what audits reported and how vulnerabilities were missed during auditing.
What Happened
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
| Date | Event | Description |
|---|---|---|
| September 13th, 2022 11:24:55 AM MDT | Reddit Post | Robbery image is posted to Reddit. |
Total Amount Lost
The total amount lost is unknown.
How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?
Immediate Reactions
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?
Ultimate Outcome
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?
Total Amount Recovered
There do not appear to have been any funds recovered in this case.
What funds were recovered? What funds were reimbursed for those affected users?
Ongoing Developments
What parts of this case are still remaining to be concluded?
Individual Prevention Policies
No specific policies for individual prevention have yet been identified in this case.
For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.
Platform Prevention Policies
Policies for platforms to take to prevent this situation have not yet been selected in this case.
For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.
Regulatory Prevention Policies
No specific regulatory policies have yet been identified in this case.
For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.
References
- ↑ Reddit - Dive into anything (Sep 13, 2022)
- ↑ @0xupup Twitter (Apr 3, 2023)
- ↑ @eldonsarte Twitter (Apr 3, 2023)
- ↑ @storew1re Twitter (Apr 3, 2023)
- ↑ @btc_fan Twitter (Apr 3, 2023)
- ↑ @asia_bitcoin Twitter (Apr 3, 2023)
- ↑ @BitcoinEdu Twitter (Apr 3, 2023)
- ↑ @virtualc4t Twitter (Apr 3, 2023)