Crypto ATM fraud is on the rise. Here's how to avoid it
Crypto ATMs are popping up everywhere – from gas stations to grocery stores. They are known as BTMs and are a legitimate way ...
CBS News28d
Scammers turning to unregulated Bitcoin ATMs to steal millions, FBI warns
From 2020 to 2023, consumer losses in Bitcoin ATM scams skyrocketed tenfold to $114 million, according to the Federal Trade Commission. This figure only includes reported losses, suggesting the ...
Peoria woman lost thousands to Bitcoin ATM fraud, a new bill hopes to stop it
Arizona is looking to crack down on Bitcoin ATM scams, something that has been becoming more and more popular among scammers ...
Quick-thinking Harris County deputy prevents woman from losing $13K in scam
An HCSO deputy stopped an elderly woman from depositing $13K in a Bitcoin ATM scam. She was told to deposit funds after ...
Bitcoin ATM Scam Losses Increased 10x in Just Three Years
The Federal Trade Commission (FTC) noted a dramatic increase in consumer losses from bitcoin ATM scams, with reported losses ...