Bitcoin Depot Chief Legal Officer, Chris Ryan, said that police departments using brute force to open Bitcoin ATMs and seize the cash inside is bordering on law enforcement overreach. Sawing them open might even be breaking banking and criminal laws, added Ryan. The executive told Decrypt that the money inside Bitcoin Depot ATMs rightfully belongs to the company, and that any damage to its machines will be held against the offending organization.
“You’ve got these rogue law enforcement officers thinking that they’re doing the right things by these consumers,” Ryan said. “What they’re actually doing is creating another victim, which is us, with the damage of our property and seizing of our funds.”
