$341.87 7.33%
ETH · 2w

A bitcoin ATM spat cash all over a busy London subway station after a customer withdrew more than it could handle - Business Insider

The bitcoin ATM in London's Bond Street station spat out cash at speed.Reddit/skypirateX/Business Insider A bitcoin ATM at a busy London Tube station spat out cash into the air and onto the floor as commuters passed by. A video of the moment shows the man who withdrew the money waiting to collect the banknotes in his bag but ending up watching them gather on the floor because they came out of the ATM so quickly. A security guard is seen protecting the money on the ground as commuters pass by. The company that made the machine said it wasn't broken but was likely struggling to deal with the large amount of money it was asked to withdraw while using just £20 ($25) notes. Visit Business Insider's homepage for more stories.

A video shows the moment a bitcoin ATM spat cash all over a busy tube station in London when a customer withdrew more than the machine could deal with.

Footage shows commuters passing through London's Bond Street station as the ATM fires out £20 ($25) banknotes. The notes come out of the machine so quickly that they fall in different directions on the ground, creating a wide pool on the station floor.

The man withdrawing the money is seen with an open bag that looks to be filled with the bank notes under the machine, but many fall on either side of the bag. He then rearranges the fallen notes into a pile with his feet, looking sheepish and occasionally laughing as they continue to fly out of the machine.

The video, which was first shared on Reddit and republished by MailOnline, also shows a security guard standing in front of the piles of cash, preventing commuters from trying to take it.

Adam Gramowski, the CEO of Bitcoin Technologis, the Polish company that operates the machine, told The Sun that the machine had not malfunctioned and decided to randomly give out money.

Instead, the ATM was likely struggling to dispense such a large amount of money in such small notes, he said.


Continue on
Recent news
ETH +7.33% · · 8h

Gods Unchained meta report - July 17 to July 23

This week marked the first full week of recorded match results for Gods Unchained. It was Week 2 of the open beta test. Our GU testers played a total of 4,788 games this week with a high of 802 on Thu...
ETH +7.33% · · 9h

ETH Looking Cheap Versus Bitcoin

Good morning defiers! Here’s what’s interesting in the intersection of blockchain and finance today: Ether is looking cheap MakerDAO is losing market dominance The lottery with no losers went open sou...
ETH +7.33% · · 11h

Weekly Distribution Report — June 26th, 2018

Tokens that we have received and are ready to be distributed. You can view the bounty campaign results for each of these campaigns here. List of campaigns that have been reviewed and are just…
ETH +7.33% · · 13h

Accountancy giant PwC now audits crypto companies

HONG KONG (BLOOMBERG) - Accountancy giant PricewaterhouseCoopers LLP has added cryptocurrency auditing to its list of services as the firm expands into an asset class that is steadily adopting the acc...
ETH +7.33% · · 14h

Opera Partners With Marble.Cards

We are thrilled to announce a partnership between Opera and Marble.Cards! Opera’s latest mobile web browser has a built-in crypto wallet and Marble.Cards will be the promoted dapp for people to…
ETH +7.33% · · 14h

Hydro Pay: fast, feeless, payments for everyone

On the 29th June the Hydro team will be launching the first public release of Hydro Pay in the Google Play Store, with the iOS version to follow soon after. This means that for the first time users wi...
ETH +7.33% · · 17h

Trader Talk - Bitcoin Goes Parabolic

Trader Talk - Bitcoin Goes Parabolic Jumping on live to discuss the next key levels for Bitcoin, Altcoins & crypto markets as a whole. #Bitcoin #Altcoins #Cr...