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Bitcoin Depot is a multi-cryptocurrency ATM Network. Explore other ways to buy crypto, Buy Bitcoin Online with Debit , Credit Card or Cash. Bitcoin Depot operate over 7,000 Bitcoin ATMs across the US and Canada.
ZachXBT: 54.45 BTC stolen from Bitcoin Depot flows to KuCoin
According to ZachXBT, BitcoinDepot filed an 8-K on April 6, 2026, stating that it discovered the theft of 50.9 BTC on March 23; on-chain tracking shows that 19 high-confidence theft addresses had already transferred a total of 54.45 BTC as early as March 20—3.55 BTC more than disclosed—and the funds ultimately flowed into KuCoin, indicating the company may have detected the anomaly three days late.
Bitcoin Depot Hacked, Loses ~$3.66M in BTC
According to Decrypt, Bitcoin ATM operator Bitcoin Depot filed a disclosure with the U.S. Securities and Exchange Commission (SEC) revealing that it suffered a cybersecurity attack on March 23. Hackers infiltrated the company’s IT systems to obtain credentials for its digital asset settlement account and stole approximately 50.9 BTC—valued at roughly $3.665 million—from the company’s wallet. Following the incident, the company activated its incident response protocol, engaged external cybersecurity experts to conduct an investigation, and notified law enforcement authorities. Bitcoin Depot stated that its customer platform and user data remained unaffected. The company classified this event as a material matter, which may result in reputational damage and additional legal and regulatory costs.
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ZachXBT Questions High Premiums at Bitcoin Depot ATMs
ZachXBT posted that users should avoid using Bitcoin Depot’s Bitcoin ATMs and questioned the company’s recent decision to allow an elderly U.S. fraud victim to convert $25,000 in fiat currency into BTC via its ATM. ZachXBT stated that the victim was quoted a price of $108,000 per BTC, while the market price at the time was approximately $75,000—resulting in only 0.232 BTC being purchased for the $25,000, with an actual value of roughly $17,500. He also noted that Bitcoin Depot had recently suffered a $3.26 million loss—approximately 54 BTC—due to exploitation, which went undetected for several days.
ZachXBT: 54.45 BTC stolen from Bitcoin Depot flows to KuCoin
According to ZachXBT, BitcoinDepot filed an 8-K on April 6, 2026, stating that it discovered the theft of 50.9 BTC on March 23; on-chain tracking shows that 19 high-confidence theft addresses had already transferred a total of 54.45 BTC as early as March 20—3.55 BTC more than disclosed—and the funds ultimately flowed into KuCoin, indicating the company may have detected the anomaly three days late.
Bitcoin Depot Hacked, Loses ~$3.66M in BTC
According to Decrypt, Bitcoin ATM operator Bitcoin Depot filed a disclosure with the U.S. Securities and Exchange Commission (SEC) revealing that it suffered a cybersecurity attack on March 23. Hackers infiltrated the company’s IT systems to obtain credentials for its digital asset settlement account and stole approximately 50.9 BTC—valued at roughly $3.665 million—from the company’s wallet. Following the incident, the company activated its incident response protocol, engaged external cybersecurity experts to conduct an investigation, and notified law enforcement authorities. Bitcoin Depot stated that its customer platform and user data remained unaffected. The company classified this event as a material matter, which may result in reputational damage and additional legal and regulatory costs.