💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueLearn More

Thieves rip bitcoin ATM from Barcelona crypto-store

Published 12/11/2021, 14:54
Updated 12/11/2021, 14:55
© Reuters.
BTC/USD
-

MADRID (Reuters) - Spanish police are investigating the robbery of a 'bitcoin ATM' in a raid on a cryptocurrency exchange outlet in a wealthy Barcelona neighbourhood, local media reported on Friday.

Bitcoin ATMs allow customers to purchase cryptocurrency using cash or a debit card, while some also let users to exchange their crypto holdings for cash.

According to data from the Coin ATM radar website, which tracks the location of crypto ATMs, Spain has 158 such machines, the highest number in Europe.

Catalonia's Mossos d'Esquadra police force said an ATM had been stolen at around 3 a.m. and declined to provide any more information to avoid hindering the investigation.

Citing police sources, EFE news agency said thieves took the bitcoin ATM from a shop on Beethoven street in the Sarria area, home to a branch of the GBTC cryptocurrency exchange.

GBTC did not return multiple requests for comment and the police declined to confirm the exact location of the robbery.

An unverified video purporting to show the crime showed an SUV ramming into the closed shutters of the GBTC storefront before half a dozen or so people in hoods carried the cash machine into a second car waiting on the street.

One of the assailants sprayed a fire extinguisher at onlookers as the two cars sped off into the night.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.