In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, a sharp rise fueled by ...
Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams. Update (Sept. 9, 2:45 pm UTC): This article has been updated to ...
There has been a "massive" surge in the amount of money consumers have lost to scams involving Bitcoin ATM machines, according to the Federal Trade Commission (FTC). The amount of money lost has ...
A Mesa senior lost thousands of dollars to a scammer, but Arizona's new cryptocurrency fraud prevention law is helping her ...
As digital assets roar back into the mainstream after an extended period of price declines, experts are warning about the risks of financial predation baked into of the industry’s most analog ...
Add Yahoo as a preferred source to see more of our stories on Google. Here’s how the grift works like clockwork. Scammers call pretending to be government officials, bank representatives, or even ...
Benzinga: Does the declining number of Bitcoin ATM machines concern you? Polotsky: I’m not concerned about the declining number of Bitcoin kiosks. It seems like many companies are working to optimize ...
Dave Lieber After last month’s Watchdog report on the Fort Worth woman conned into depositing $10,000 into a convenience store’s bitcoin ATM, several readers reached out wanting to learn more. They ...
Popular scams include using a counterfeit device to access the ATM vestibule and placing a false façade on the front of the ...
The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021. Australia, the third-largest hub for Bitcoin (BTC) and crypto ATMs, recorded a ...