[2016-05-23] $12.7 M Stolen From Japanese ATMs With Forged Credit Cards

odolvlobo

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This article has nothing to do with bitcoin. The only mention is the obligatory paragraph at the end.

Quote

Events like these will not transpire in the world of Bitcoin and cryptocurrency, as there is no centralized database collecting sensitive payment information. Bitcoin users control the private key required to spend funds, and transaction logs do not contain this confidential information. In the end, Bitcoin is a far more secure payment solution than credit cards, and the blockchain is far more secure than database solutions used by banks.

xhomerx10

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That's a lot of co-ordination. Guess the Yakuza needed some tattoo money.

jdebunt

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In total, 1.4 billion yen — or $12.7 million USD — has been withdrawn from over 1,400 ATMs located in convenience stores across Japan. It took the hackers a total of two hours to withdraw all of this money. However, given the scope of this operation, it is believed over 100 individuals were involved in this wave of ATM withdrawals.

https://news.bitcoin.com/atm-stolen-credit-cards/

Topic: [2016-05-23] $12.7 M Stolen From Japanese ATMs With Forged Credit Cards (Read 270 times)