íàçâàíèå

Bitcoin ATM Spotted Spitting Out Money in London

Bitcoin ATM Spotted Spitting Out Money in London

A few days ago Londoners witnessed a bizarre movie-worthy scene: A Bitcoin ATM suddenly started spitting bills non-stop in a shopping center.

Several people were able to record the odd event and share it on Reddit. On the footage, a security guard protects the machine from the curious people who saw the scene. None of them (at least as far as one can see in the video) tried to take a bill.


Bond Street Bitcoin ATM spitting out tons of money! from Bitcoin

The cashier was spitting out money for several minutes, which is why several people speculated that it was not a malfunction but rather a hack. The methodology, known as “jackpotting” basically allows the hacker to operate the ATM remotely making it spit out money on command.

If true, the perpetrator could be facing criminal charges.

Bitcoin ATM Operator: “It Was Not a Hack”

Shitcoins Club, a polish company that owns more than 60 Crypto ATMs distributed all over Europe, managed the Bitcoin ATM.

In statements to The Next Web, Shitcoins Club denied that it was a hack and commented that from their point of view everything was a trick to give the illusion that the ATM went crazy:

“Everything was going well during this transaction … As you can see there is a bag in front of the ATM.”

In fact, in a Reddit post, a spokesperson said that anyone can see the location and funds availability of each of their ATMs, so it was easy to withdraw such a large amount of money (as long as the necessary funds were available).

“Our ATMs are the only ones in UK which can handle large cash withdrawals. On our website shitcoins.club on the “locations” tab, you can find out exactly how much GBP ready to withdraw holds each of our ATMs. The ATM at Bond Street Station (West One Shopping Centre), has at the moment 30,000 pounds which can be withdrawn immediately, in exchange for BTC, LTC or DASH. Our ATMs are usually topped up to 20 000 pounds.”

So everyone is free to draw their own conclusions. Maybe it was all the work of a skillful hacker who somehow wanted to generate a negative image of Bitcoin ATMs or maybe it was all the work of a troll who wanted to make a joke by daring to lose his money at the hands of a crowd that one can never know for sure how will react before the opportunity to have free money.

Either way, cthe rypto-verse is one weird place to be sometimes

The post Bitcoin ATM Spotted Spitting Out Money in London appeared first on Ethereum World News.

09.06.2019 / 15:10 42
Increasing Number of Crypto ATMs in Europe Support BCH Increasing Number of Crypto ATMs in
A growing number of cryptocurrency ATMs in Europe now buy and sell BCH, increasing the popularity and widening the adoption of Bitcoin Cash. Many of
Ex-BTC-e Operator Alexander Vinnik to be Extradited to France Ex-BTC-e Operator Alexander Vinnik to
As part of an ongoing criminal case that has drawn international attention, a Greek court has agreed today to extradite Russian cybercrime suspect
Bitcoin ATMs Becoming the Norm in US Inner Cities Bitcoin ATMs Becoming the Norm in US
Of the numerous humanitarian applications of blockchainthat are being tested, and in some cases already used around the world, implementing
Binance User Loses 2 BTC After Hacker Steals Password, How to Prevent Theft Binance User Loses 2 BTC After Hacker
Amidst the brutal market conditions, a Reddit user, BeanThe5th, has somehow managed to get in more trouble than the market is currently in,
Disgraced CEO of Mt. Gox Appointed CTO at London Trust Media Disgraced CEO of Mt. Gox Appointed CTO
Mark Karpel?s, former CEO of hacked bitcoin exchange Mt. Gox, was held in jail for nearly a year in Japan as he faces a criminal trial for charges of
NEM Foundation Calls Off Chase for Stolen Coins from $530 Million Coincheck Hack NEM Foundation Calls Off Chase for
The NEM Foundation has called off the hunt for the more than 500 million XEM tokens stolen in connection with a record-setting theft at
Comments (0)
Add a comment
Comment on