Bitcoin ATM Stolen During Raid In Barcelona

Crypto-related criminal activities have actually been on the increase in Spain in current times. The most current event holds true of a taken Bitcoin ATM in Barcelona.

Associated Checking Out | Information Reveals Crypto Hacks And Scams In 2021 Are On Track For A Brand-new Record

Bitcoin ATMs are kiosks that permit an individual to acquire Bitcoin and other cryptocurrencies by utilizing money or debit card. According to this site, Spain has the greatest variety of crypto ATMs in Europe. With 185 ATMs, it is likewise the 4th greatest worldwide.

Bitcoin ATM Theft

Regional news reported on Friday that the Spanish cops are examining the theft of a Bitcoin ATM. The burglars took the maker in a raid on a cryptocurrency exchange outlet in a rich Barcelona community.
The police of Catalonia, Mossos d’Esquadra, stated that the ATM theft took place around 3 a.m. They nevertheless did not supply any additional details on the case to prevent preventing the examination.

According to the news company, cops sources stated burglars took the ATM from a store on Beethoven street in the Sarria location. The location houses a branch of Grayscale Bitcoin Trust (GBTC). GBTC supposedly decreased to comment, and the cops likewise declined to validate the specific area of the burglary.

BTC trading at $64.16K | Source: BTCUSD on

An unproven video that emerged revealed an SUV crashing into the GBTC store. Later, some hooded individuals from another automobile made away with the ATM.

This event is simply the most current of the bitcoin-related criminal activities in Spain. A couple of days earlier, a Spanish techpreneur reported that he had actually been robbed. Zaryn Dentzel, the victim, is the co-founder of Tuenti, a Spanish social network-turned interactions company owned by Telefónica telecoms business.

He declared that 4 or 5 hooded individuals robbed him of countless Euros worth of crypto from his home in Madrid. They blindfolded him, covered his house’s security cams, and beat him up. He was then required to quit the password to an online account including his cryptocurrencies which held 10s of countless euros in Bitcoin. Nevertheless, the burglars were not successful in taking any of his cryptos.

Crypto Criminal Activity Increasing

Crypto attacks are barely uncommon. They take place more often than many people believe, primarily through hacks, phishing rip-offs, ransom attacks, and phony ads.
A number of the most popular attacks this year are the $600 million Poly Network attack and the Colonial Pipeline ransomware attack.

Associated Checking Out | Over $5 Billion In BTC Paid In Leading 10 Ransomware Versions, States U.S. Treasury

According to the U.S. Treasury Department, the overall worth of believed ransomware payments throughout the very first half of 2021 was $590 million. Likewise, approximately $5.2 billion in outbound BTC payments were connected to the leading 10 ransomware versions over the previous 3 years.

Lots of Bitcoin criminal activities have actually likewise been tape-recorded in the U.K., Hong Kong, Australia, and New Zealand, among others.

Included image by Coin ATM Finder, Chart from

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