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Stolen Bitcoin ATM Owners Suspect Memphis Robbery Was Inside Job

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Tennessee-based BitKing LLC, a Bitcoin ATM provider who started operating last November with just one machine in downtown Memphis, has suffered their first burglary. After the story went viral on Reddit, CCN reached out to Sean Pezeshk, the company’s primary operator, for more information about the stolen machine. The Bitcoin ATM Was The Target Pezeshk, who together with Josh Roberts runs BitKing, says that on a recent Tuesday night, the ATM, which is normally located at Railgarten on Central Avenue in Memphis, was hijacked. The ATM was the only target, even though the thief could have stolen expensive liquor and

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* First published on ccn.com

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