Thieves Drain $175,000 From ATM in Matter of Hours, Triggering Manhunt on East Coast
Police say thieves drained a whopping $175,000 from an ATM on the East Coast in the span of only a few hours.
Authorities in Virginia say they’re looking for a group of thieves who stole the pile of cash in a sophisticated “jackpotting” scheme.
Jackpotting is when thieves gain physical access to an ATM and install malware or a “black box device” on it that lets them override its security defenses and dispense large amounts of cash on demand.
Police say video surveillance shows an unknown man approached an Apple Federal Credit Union drive-thru ATM in Fairfax on October 3rd.
He used a key to access the ATM at 10:18 p.m., although it is unclear exactly what he did to the machine at the time.
The man was spotted once again after midnight, this time bringing another person who accessed the machine and recorded the event.
At 2:00 a.m., an unmasked man then drove up to the ATM and began withdrawing cash from the ATM by holding his phone up near it without ever inserting a card.
Authorities say that man left and returned nine minutes later for a final time, continuing to withdraw cash, making away with $175,000 in total.
Police have released two photographs from the incident. They’re asking for the public’s help to identify the suspects or to learn more about what happened.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bears Make Progress While Whales Continue to Gather PEPE During Market Decline
- PEPE faces potential 18% decline as technical indicators and whale activity signal bearish momentum, with price below all major moving averages. - Whale accumulation (65% long-term supply) contrasts with $21M short-seller profits, deepening market uncertainty amid fragile price dynamics. - Broader memecoin sector weakens (-19.35% weekly PEPE drop), though UK/Japan regulatory easing offers faint hope for 15-20% ETH-based token liquidity by Q1 2026. - Price projections remain polarized (bulls: $0.0000147 b
Bitcoin Updates Today: The Mystery of Bitcoin Persists: Dorsey's Approach Sparks New Theories About Satoshi
- Jack Dorsey's Bitcoin integration at Block and strategic announcements fuel speculation he may be Satoshi Nakamoto, though no proof exists. - Bitcoin's 30% price drop reduced Nakamoto's estimated paper wealth to $95B, now ranking 18th globally amid market volatility. - Ark Invest boosted crypto stock exposure including Block and Circle, signaling sector resilience despite short-term downturns. - Experts caution Dorsey-Nakamoto links remain circumstantial, emphasizing lack of cryptographic evidence or dir
Bitcoin Latest Update: Fed's Mixed Signals Drive Bitcoin Past $84,000
- Bitcoin surged above $84,000 on Nov. 21, 2025, driven by New York Fed President John Williams' hints at a potential December rate cut, pushing market odds of easing above 70%. - The rebound followed weeks of 30% declines from record highs amid hawkish policies, contrasting with Cleveland Fed President Beth Hammack's downplayed labor risks. - Analysts highlight critical support at $74,500–$83,800 for Bitcoin's recovery, with a successful defense potentially triggering a rebound toward $94,000–$100,000. -
Bitcoin News Today: JPMorgan's Bitcoin Report: Using Leverage Increases Both Profits and Risks
- JPMorgan launches a leveraged Bitcoin structured note tied to the iShares Bitcoin Trust ETF , offering amplified gains or losses over a two-year horizon. - The product guarantees $160 per $1,000 investment if BTC/ETF hits a price target by 2026, or 1.5x returns if extended to 2028, amid Bitcoin's 30% two-month decline. - The $3.5B November ETF outflows and XRP's $587M inflows highlight shifting crypto dynamics, with low-cost institutional ETFs driving adoption. - JPMorgan's offering mirrors traditional l
Trending news
MoreCrypto prices
More
