McLennan County authorities have resolved a lawsuit with Lux Vending’s Bitcoin Depot over the incorrect seizure of $15,000 from a Bitcoin ATM following an elderly woman’s scam incident.
In a recent legal episode from McLennan County, authorities have reached a resolution with Lux Vending, trading as Bitcoin Depot, in a case surrounding the wrongful seizure of $15,000 from a Bitcoin ATM.
The situation began when an 82-year-old woman from Crawford fell victim to a ransomware scam initiated by a malicious email link. Under the scam’s influence, she withdrew $15,000 in cash and deposited it into a Bitcoin Depot machine.
McLennan County investigators, believing they were acting rightfully, secured a warrant and confiscated the funds from the Bitcoin ATM stationed at a Sunoco store, thinking the money exclusively belonged to the elderly victim.
However, complications arose when Bitcoin Depot filed a lawsuit against the county. The suit not only claimed that the seizure was a breach of due process but also petitioned the court to identify Bitcoin Depot as the legitimate owner of the funds.
As the details came to light, McLennan County Sheriff Parnell McNamara, who initially defended the actions of his department, refrained from making any comments about the lawsuit or the acknowledgment by Judge Scott Felton that the funds were mistakenly seized.
Judge Felton, in a communicative effort
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Author: Bralon Hill