The FBI says scams perpetrated using bitcoin ATMs cost Americans nearly $250 million in 2024, more than double the sum from ...

Explore Bitcoin ATMs, understand their functions, regulatory requirements, fees, and locations worldwide to make informed cryptocurrency transactions.

Overview: Scammers use phone calls and messages to trick people into Bitcoin ATM transfers.Once money is sent as ...

Last month, Washington, D.C. Attorney General Brian L. Schwalb sued Athena Bitcoin, saying the company’s own data shows 93% ...

The median loss to this scam, across all ages, is $10,000. In the first six months of 2024, Americans lost $65 million to Bitcoin ATM scams. The machines offer an easy way for people to get into ...

Crypto scams tied to Bitcoin ATMs are on the rise. Here’s how scammers trick victims and what lawmakers are doing about it.

When 85-year-old Fran Bates walked into a Fort Worth gas station in June 2024, she thought she was following her bank’s instructions. The man on the phone had told her she was at risk of losing her ...

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 ...

Last month, Washington, D.C. Attorney General Brian L. Schwalb sued Athena Bitcoin, saying the company’s own data shows 93% ...

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 ...