- Bitcoin ATMs stored in a warehouse in the Malaysian town of Seremban were stolen.
- The heist mimics bank robbers digging tunnels to get to vaults.
- The perpetrators are thought to have intended to put the crypto devices to their own use.
The ‘greatest bank robbery in history’ according to the Guinness World Records involved the use of brains, brawn and no violence. This was the Central Bank of Brazil heist in Fortaleza. The gang rented out premises in a nearby building and dug a tunnel to get to the bank’s vaults. Once there they took away five containers filled with wads of cash.
Now, the closest comparable we have in the cryptocurrency industry has occurred in Malaysia.
According to the Sun Daily, a gang of five people stole 85 bitcoin ATMs by employing similar tactics. The cryptocurrency vending machines had been stored in a warehouse in Seremban, the capital of the Malaysian state of Negeri Sembilan. The crypto vending machines are estimated to be worth a little over $10,000.
Gang pitches tent next to bitcoin ATM warehouse
The Malaysian gang attempted to pull off one of the biggest bitcoin ATM heists ever seen.| Image: shutterstock.com
The gang, which was comprised of four men and one woman, rented out premises located next to the warehouse. Between midnight and 04:30 hours late last month, the gang drilled through the wall separating the two premises and removed the bitcoin ATMs. Besides specialized drilling equipment, police also seized vehicles used by the gang to aid in the theft.
Seremban’s police chief, Mohd Said Ibrahim, disclosed that the gang stole the crypto vending machines for their own use:
“The purpose of the rent was to monitor the movement of the machines,