On September 30th, 2019, it was brought to our attention that our Bitcoin ATM signage was stolen from our 1310 Bloor St West location. Thanks to the dedicated cryptocurrency community in Toronto and Reddit, we were alerted that the sign was potentially being used to advertise a location not affiliated with us.
The location and its appearance were in no way representative of Localcoin’s brand and safety standards. We take the security and safety of our community very seriously, which is why we immediately dispatched our field team to locate and remove the sign.
It has been our goal from the beginning to make cryptocurrency accessible and safe for the communities we serve. We are working closely with the authorities to ensure issues such as these do not arise again.
We are proactively taking steps to make sure that the cryptocurrency community stays a welcoming environment. This is why we will be removing all large A-frame signs from our locations across the city. While these signs were a great way to spread awareness of Bitcoin, public safety will and must always come first to us.
We heavily recommend that the public confirm the address of any of our Bitcoin ATM locations prior to heading out to ensure their destination is an official Localcoin ATM.
For reference, here is a list of our official means of communication:
- Twitter – @LocalcoinATM
- Facebook – facebook.com/LocalcoinATM/
- Linkedin – linkedin.com/company/localcoinatm
- Instagram – instagram.com/localcoinatm/
We would like to once again thank the cryptocurrency community for informing us of this issue. Questions and concerns can all be forwarded to [email protected] where we actively monitor communications.