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The Mike Tyson Bitcoin ATM Is Taking People’s Money

Last Updated 04 March 2021
Justin OConnell
Authors

Mike Tyson is excited at the prospect of joining the Bitcoin Community. With partners Bitcoin Direct – a subsidiary of Conexus Corporation – Tyson launched his first Bitcoin ATM in Las Vegas, Nevada at Off The Strip grill in LINQ hotel. 

There is just one thing. According to people who tried to use the Bitcoin ATM, it isn’t working. A waitress at the restaurant told somebody who wanted to use the machine that the machine had taken the last person’s  $1 bill when he tried to use the Bitcoin ATM. The new customer put $20 in and lost it. What’s more, the machine has no contact information in the event of such issues, according to the linked post.

Tyson announced his Bitcoin ATM in August. MikeTysonBitcoin.com once read,  “Mike Tyson’s fastest knockout in the ring was 30 seconds. The Mike Tyson Bitcoin ATM turns your cash into bitcoin in under 20 seconds.” Now it redirects to MikeTysonLive.com which scantily mentions Tyson’s Bitcoin involvement.

At the time of the announcement, CCN.com questioned the legitimacy of a such Bitcoin ATM.

BitcoinATM

Featured image from Denis Makarenko / Shutterstock.

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