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Topic: [2017-01-16] Bitcoin ATM Bandits Threaten Rivals With Death (Read 438 times)

legendary
Activity: 1288
Merit: 1000
They are harming bitcoin more than anything. When news about possible 'bitcoin mafia' being in control of BTMs will spread Bitcoin's name may be soiled in a process.
Idiots will be idiots no matter what. I am surprised that Bitcoin enthusiasts are so shortsighted have zero imagination of what could happen after rampage like that.
hero member
Activity: 1274
Merit: 622
Detroit is making a name for itself as the badlands of America once more - but this time round, it’s all about Bitcoin ATM crime.

According to a complaint filed in the Northern Illinois District Court last month, an unlikely situation has transpired in which a group of men are allegedly smashing up Bitcoin ATMs to eradicate competition in the area.

The machines targeted are owned by the plaintiff, Bitcoin of America, which alleges almost 20 of its 70 BTMs have had their screens smashed over a nine-month period.

Source [Cointelegraph] : https://cointelegraph.com/news/dog-eat-dog-bitcoin-atm-bandits-threaten-rivals-with-death

I hate those wannabe gangsters more than anything. It's 21st century ffs, why do these imbeciles, Andrew Konja and his brothers, act like they are in 1930s? If I were the judge I'd give those degenerates maximum sentences. There is no place in the Bitcoin world for such people. Bitcoin is the future and they are from the past.
legendary
Activity: 2170
Merit: 1427
It's not something you would expect to happen with Bitcoin ATM's. Especially when you consider that the market isn't really worth the effort since there is barely any real world usage that justifies having plenty of machines operating. That's why I have all the respect for these companies to have patience and put themselves into the red numbers at first as they clearly see future potential. Sad that some bastards can't deal with that. Idiots.
staff
Activity: 3500
Merit: 6152
Detroit is making a name for itself as the badlands of America once more - but this time round, it’s all about Bitcoin ATM crime.

According to a complaint filed in the Northern Illinois District Court last month, an unlikely situation has transpired in which a group of men are allegedly smashing up Bitcoin ATMs to eradicate competition in the area.

The machines targeted are owned by the plaintiff, Bitcoin of America, which alleges almost 20 of its 70 BTMs have had their screens smashed over a nine-month period.

Source [Cointelegraph] : https://cointelegraph.com/news/dog-eat-dog-bitcoin-atm-bandits-threaten-rivals-with-death
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