Archives for October 2014

Police Seize Bitcoin ATM as Part of Drugs Bust

The automatic bitcoin teller machine in Queensland was seized during an investigation concerning drug trafficking network which was linked to Bandidos bikie gang. Police were able to seize the ATM after a serious investigation through joint raid as well as custom officials at Roastery café which is located in South Brisbane.

After the arrests, police pointed out that the café has been one of the commercial multimillion-dollar networks for trafficking methamphetamine headed by a suspected former gang leader of the Bandidos Brisbane Centro chapter. According to police, they are yet to find out if the transactions by bitcoin which the café has accepted played any of the criminal acts after the installation of the machine in May. According to Mick Niland a Superintendent, the alleged trafficking is being checked by a group of computer experts who are busy examining the machines forensically.

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