THELOGICALINDIAN - In the neverending aeon of boilerplate account casting the affliction accessible ablaze aloft Bitcoin the buyer of a UK Bitcoin ATM aggregation has been dubbed the Bitcoin Bandit due to his bent past
Mainstream advantage of Bitcoin has consistently been appealing checkered. While some media outlets undertake amenable journalism to accept what cryptocurrency is and why bodies are absorption to use it, added outlets adopt to tie Bitcoin to bent gangs, biologic purchases, and money laundering. The best recent example of this is the Daily Mail dubbing the buyer of a Bitcoin ATM business in the United Kingdom the “Bitcoin Bandit.”
The Daily Mail was absolutely asthmatic in their annual of Landry Ntahe, the buyer of a Bitcoin ATM aggregation in the UK alleged BCB ATM. From their account, the aggregation owns and operates 19 Bitcoin ATM machines in assorted cities throughout England. However, it’s Ntahe’s bent accomplished that draws the absorption of the account outlet.
From all accounts, Ntahe was sentenced to prison aback in 2009 for his captivation in two agitated robberies that saw the victims tortured. One of the victims had had his toes ashamed with pliers whilst addition had his teeth pulled out afore accepting a metal pole rammed bottomward his throat.
Pretty alarming stuff, but Landry Ntahe says that he did not booty allotment in the abandon and was alone the driver. At the time of his conviction, Ntahe was 20 years old and was bedevilled to bristles years in prison, of which he served two-and-a-half. His ally in crime, Arnold Epono (age 20) and Ashley Edwards (age 21), were bedevilled on 12 counts of robbery, fraud, and apocryphal imprisonment. They accustomed general sentences.
Since his release, Landry Ntahe seems to accept bankrupt up his act. He abstruse about Bitcoin from YouTube videos and started his company, BCB ATM, with loans from his family. When asked about his crimes, he told the Daily Mail:
While the history of Ntahe is appealing lurid, one could say that he’s become a advantageous affiliate of association and has steered abroad from a activity of crime. Of course, the Daily Mail again goes into overdrive to articulation cryptocurrency to criminality.
They agenda that the aberration surrounding the amount of Bitcoin has led to a lot of investors apperception on the cryptocurrency, appropriately arch to an added appeal for accessible admission to it. They agenda that Bitcoin ATMs do not accept to be registered in the UK, which, artlessly leads to fears of Bitcoin actuality the “currency of best of criminals.” The account aperture addendum that payments can be fabricated beyond borders to “criminal associates,” who can abjure the money or use it on the DARK WEB!
The Daily Mail goes on to say that abounding of the 12 firms operating Bitcoin ATMs in the UK arise to not accept any offices or accept registered with the Companies House. They additionally agenda that abounding of the businesses alone accept a adaptable buzz cardinal on their website. Of course, the best anathema bit of advice is that one of the ATMs endemic by BCB ATM is amid in a cannabis store! (Gasp!)
When apprenticed about the achievability of actionable action associated with Bitcoin, Ntahe said:
Overall, the crimes associated with Landry Ntahe are bad, and I’m not sugarcoating that. Yet it does arise that he has angry his activity around, but the media aloof can’t advice themselves at times to acrylic all of cryptocurrency with a bent brush.
Could Bitcoin be acclimated for bad things? Of course. But the aforementioned could be said for gold and authorization currency. I anticipate a lot added dollars are spent on drugs in a distinct ample burghal than Bitcoin for the aforementioned purpose in its entirety. It’s absolutely absolutely amusing to apprehend such ever affecting pearl-clutching about Bitcoin, but the sad absoluteness is that abounding bodies will booty such drudge journalism as gospel.
Do you anticipate Landry Ntahe has paid his debt to association and be accustomed to accomplish Bitcoin ATMs? What do you anticipate about the media’s advantage of cryptocurrency? Let us apperceive in the comments below.
Images address of Linkedin, Pixabay, and Bicoinist archives.
