Golden Finance reports that ZachXBT disclosed that Bitcoin Depot has fee and security issues: an elderly U.S. fraud victim exchanged $25,000 for Bitcoin via its ATM, with a quoted price of $108,000 per coin, while the market price was $75,000; the victim ultimately received 0.232 BTC for $25,000. It is also said that the platform was recently hacked, with approximately 54 BTC (about $3.26 million) not detected for several days.

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2026-04-22 21:59:45

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Golden Finance reports that on April 22, ZachXBT disclosed that Bitcoin ATM operator Bitcoin Depot has issues related to fees and security. He stated that an elderly American fraud victim was allowed to convert $25k USD into Bitcoin through a Bitcoin Depot ATM, with an offered price of $108k per Bitcoin, while the market price at the time was $75k. Ultimately, the transaction resulted in 0.232 BTC for $25k USD.
ZachXBT also mentioned that Bitcoin Depot was recently hacked, involving 54 BTC (approximately $3.26 million USD) that went unnoticed for several days.

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ZachXBT: Bitcoin ATM operator Bitcoin Depot faces issues with abnormal charges and fund security concerns

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