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Cryptocurrency ATM Theft Ring Arrested in Australia

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Uk Jin
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  • A criminal organization was arrested for cryptocurrency ATM theft incidents in Melbourne, Australia.
  • The increase in cryptocurrency ATMs was evaluated as a cause of crime, requiring investors to be cautious about security.
  • Australia was reported to be the third-largest country in terms of cryptocurrency ATM possession, following the United States and Canada.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

A cryptocurrency ATM theft incident occurred in Melbourne, Australia.

According to cryptocurrency news outlet CoinTelegraph on the 18th, Australian police arrested a criminal organization that had stolen cryptocurrency ATMs and various other items across Melbourne.

The criminal organization stole cryptocurrency ATMs from various locations including Hoppers Crossing, Bentleigh, Brunswick, Werribee, and Vermont. They also stole numerous collectible cards including Pokemon, Yu-Gi-Oh!, and NBA cards from various areas.

Meanwhile, CoinTelegraph assessed that such crimes were triggered by the rapid increase of cryptocurrency ATMs in Australia. In fact, Australia ranks third in cryptocurrency ATM possession globally, following the United States and Canada.

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