U.S. law enforcement officials using brute force to seize cash from Bitcoin ATMs are overstepping their authority and may be violating the law, Bitcoin Depot CLO Chris Ryan said.

Ryan told Decrypt that funds police may seize rightfully belong to the Atlanta, Georgia-based provider of Bitcoin ATMs, and that they are liable for damages to the machines, even as they try to return large sums to consumers who say they’ve been scammed. 

“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.”

Last week, authorities in Texas used power tools<

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Author: André Beganski

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