Canadian Police Investigates Bitcoin ATM Frauds

Canadian Police Investigates Bitcoin ATM Frauds

The Calgary police have asked for the public's help identifying four men wanted in connection to a almost $200,000 bitcoin scam that targeted seven Canadian cities.

During that time, 112 fraudulent transactions were made in seven cities - Calgary, Sherwood Park, Toronto, Montreal, Ottawa and Winnipeg.

The release stated that the Cybercrime Team of the Calgary Police Service received alarming reports of several fraudulent transactions involving Bitcoin in October 2018. These kind of attacks are possible due to the fact that it is possible to withdraw money from a Bitcoin kiosk and remotely canceling the transaction before the company can process the withdrawal.

"All four suspects are described as adult males and are believed to have in-depth knowledge or interest in cryptocurrency, Bitcoin. or blockchain technology", police said in a statement. This man was photographed in Calgary.

Bitcoin ATMs have been growing in number across the world, with over 4,000 already in operation.

Mars Opportunity Rover's Parting Shot Was a Beautiful Panorama
In a new post, NASA reveals what it says is the final " parting shot " that Opportunity captured before the dust storm killed it. The individual pictures where taken one by one between May 13 and June 10 or Martian Sols 5,084 through 5,111.

Much of the blame has been laid at tools like replace-by-fee from Bitcoin Core developer Peter Todd, which could have enabled these zero-confirmation transactions.

Four scammers wanted for conducting double spending attacks in Bitcoin ATMs from major cities in Canada. The left-most individual in the above image is believed to have focused on Toronto, Montreal, Ottawa, and Hamilton. That creates two transactions in succession, one paying a specific amount to a specific address, and a second one double-spending that transaction.

Agencies including the Toronto Police Service, Hamilton Police Service, Winnipeg Police Service and Halton Regional Police Service are assisting CPS.

Anyone with useful information can contact the Calgary Police Service non-emergency line at 403-266-1234 or anonymously tip Crime Stoppers through calls on 1-800-222-8477, calgarycrimestoppers.org, Facebook, or 222tips.com (case number 18453695 / 5075).

Related News:

  • Powerball numbers: Did you win Wednesday's $448 million lottery jackpot?

    Powerball numbers: Did you win Wednesday's $448 million lottery jackpot?

    On May 18, Little Ferry resident Tayeb Souami won the $315.3 million prize with a ticket he bought at ShopRite in Hackensack. There were no jackpot winners in Saturday's lottery, but more than 36,000 people won prizes in IL after the drawing.
    Brexit backstop legal risk unchanged, says UK AG

    Brexit backstop legal risk unchanged, says UK AG

    The papers include a "unilateral declaration" setting out how the United Kingdom believes it can escape the backstop. The search for an exit deal that can successfully pass through parliament reaches its moment of truth on Tuesday.
    Senior Republican, Eyeing Trump Budget, Worries about US Debt

    Senior Republican, Eyeing Trump Budget, Worries about US Debt

    Because the program is so big, even a small reduction in percent terms can add up to hundreds of billions of dollars over time. In the entire federal history of the country, Mr.
  • ‘Empire’ actor Jussie Smollett pleads not guilty to lying about Chicago attack

    ‘Empire’ actor Jussie Smollett pleads not guilty to lying about Chicago attack

    There were several supporters outside the courthouse doors as Smollett arrived for the hearing, including some who waved signs. Smollett, who is black and openly gay, had told police he was attacked as he was walking home around 2 a.m. on January 29.

    Real Madrid agree deal for defender Eder Militao from Porto

    Militao has signed a six-year deal at the Bernabeu, with Madrid confirming he has committed his future to the club until 2025. It stands out for its speed, placement and ability to anticipate.
    Sarri responds to reports Hazard could join Zidane’s Real

    Sarri responds to reports Hazard could join Zidane’s Real

    And the concern about the Belgian's future has crept into the training ground, with one Chelsea star declaring his worry. Eden Hazard is determined to join Real Madrid this summer following the return of Zinedine Zidane .
  • Facebook is down and Instagram is struggling

    Facebook is down and Instagram is struggling

    Right now, news outlets aren't sure how you're getting to this article because Facebook drives so much traffic. It is not known if this is a planned outage, a problem with their servers, or if the service is under attack.
    Quinton de Kock on fire again as SA stroll past Sri Lanka

    Quinton de Kock on fire again as SA stroll past Sri Lanka

    Udana was the sole aggressor in the partnership, and was especially severe on Nortje, smashing 37 runs off his last two overs. The Proteas won by six wickets with 103 balls left to spare at St George's Park in Port Elizabeth on Wednesday.
    Kerr acknowledges cursing out of frustration with Green | AP sports

    Kerr acknowledges cursing out of frustration with Green | AP sports

    The Warriors had beaten the Suns 18 straight times, including three wins by an average of 17.6 points this season. It is a hard thing that we're trying to accomplish and it gets more hard as you go just based on circumstances.
  • Airline apologizes for making woman 'cover up'

    Airline apologizes for making woman 'cover up'

    She says was left "shaking" and upset by the incident, as comments were made over the plane's speakers about the situation. This was when a fellow male passenger confronted Emily with verbal abuse, telling her "Shut up you pathetic woman".
    R. Kelly appears in Chicago court for child support case

    R. Kelly appears in Chicago court for child support case

    Last week, the young women spoke out in their first joint interview since the airing of Surviving R. Azriel Clary accused her parents of forcing her to sing and using her as bait to blackmail Kelly.
    Stream PC games to Xbox One with new Wireless Display app

    Stream PC games to Xbox One with new Wireless Display app

    Microsoft's major focus lately has been to blur the line between PCs and the Xbox One, at least in the realm of gaming. The app has been in testing for months, but this is the first time that the general public will have access to it.


Most liked

Kyle Busch celebrates ISM win with burnout
Busch made his move following a restart on Lap 239 of the 312-lap race. Truex finished second while Blaney who led 94 laps settled for third.

Frank Lampard urges Callum Hudson-Odoi to stay at Chelsea
UEFA has told Sky Sports that Chelsea's concerns about the Dynamo Kiev pitch are "mainly aesthetic". "It's really risky to play any...

'What If' Animated Series Headed to Disney+ Streaming Service
The latter did find its way over eventually; and with Disney acquiring Fox , the former has become a reality. "Spider-man had Joined the Fantastic Four " and ran for 47 issues in its first volume.

Justin Bieber Is Fighting His Demons And Needs Our Prayers
In an interview with Vogue last month , Bieber revealed that he was battling depression during his 2017 objective world tour. Hailey has known about his struggles for a long time. "She's the rock right now and he goes to her for everything.

Conor McGregor: "I Love My Fans Dearly" After Miami Beach Incident
What do you think will come of this latest Conor McGregor incident? So we see McGregor in the club and it was all cool or whatnot. Later, Conor McGregor picked up the phone and walked away with it without even apologizing to the fan, making it a robbery case.

Pi Day 2019 deals in Hampton Roads
Jet's Pizza: Buy a large pizza at regular price and get a medium one-topping round pizza for $3.14 with code 314. You need to download or print a coupon and purchase one full-priced adult entree to get the free pie slice.

Sterling jumps after no-deal Brexit rejected; dollar softer
An unexpectedly weak US inflation reading bolstered most shares on speculation the Fed can hold as the economy finds its footing. Form for signing up for free newsletter. -With assistance from Adam Haigh, David Wilson, Robert Brand and Sarah Ponczek.

Tom Holland in talks to star in 'Cherry'
According to Variety , that is exactly what the Russo brothers have started doing. Avengers: Endgame is scheduled to be released in theaters on April 26, 2019.

Consumer Inflation Rises To 2.57% In February
Prices fell for new (-0.2 m/m%) and used (-0.7% m/m) vehicles, prescription drugs (-1.0% m/m), and recreation (-0.4% m/m). In contrast, output of consumer non-durables rose by 3.8 per cent and that of consumer durables by 1.8 per cent.

Apple Sets March 25 to Announce Its Next Big Thing
The event will be live streamed on the 25th of March, and we will be covering it live as per usual. We now officially have a date for Apple's March event , with March 25th the big day.

Malaysia rejects call to free Vietnamese accused in Kim Jong Nam killing
They were the only people in custody after four North Korean suspects fled the country the same morning Kim was killed. Huong's trial was postponed until April 1 after Doan's lawyer said she needed medical treatment.

Lori Loughlin 'Never Pushed' Her Daughters Bella Giannulli and Olivia Jade
In all, 33 parents were wrapped up in the college bribery scandal and millions of dollars have changed hands in that time. They were among 50 individuals indicted Tuesday for conspiracy to commit mail fraud and honest services mail fraud.

Liverpool Win Over Bayern Munich Adds To German Legend's Worries
He said: "I see it like all the boys see it in dressing room and everybody who sees it with us, it is a big night". Liverpool will discover their quarterfinal opponents when the draw is held in Nyon, Switzerland on Friday.

Australian man stops arrow with his mobile phone
Police say the victim was taking a photo of the man, who is known to him, when he fired the ranged weapon, hitting the phone. A man has been charged after he allegedly fired a bow and arrow at another man in Nimbin today.

Spotify lodges European Union complaint against Apple over unfair music competition
The charge makes Spotify's premium membership more expensive than Apple Music, so the company said it refuses to use the system. That is the 30% of monthly subscription fees that Apple takes on subscriptions made through its payment system.