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 ...
The Sheriff in Jasper County, Texas, located a little over 100 miles northeast of Houston, used a circular saw to break into a Bitcoin ATM after determining it was used for fraud. According to a ...
Bitcoin ATM scams cost Americans $333.5 million in 2025, targeting seniors with fake government calls directing them to ...
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 cryptocurrency, and they're increasingly showing up in grocery ...
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 ...
The U.S. Federal Trade Commission (FTC) has reported a massive increase in losses to Bitcoin ATM scams, nearly ten times the amount from 2020 and reaching over $110 million in 2023. Bitcoin ATMs are ...
United States authorities in Louisiana have announced the recovery of $200,000 from Bitcoin ATM scammers targeting elderly ...
Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...
NORTH CAROLINA (WTVD) -- An ITEAM investigation in collaboration with ABC News is exposing scams involving Bitcoin ATMs - kiosks that are popping up across North Carolina and throughout the country.
Illegal Bitcoin ATMs pose significant financial and legal risks, including the potential loss of funds, excessive fees, privacy concerns and legal consequences. Legal Bitcoin ATMs are regulated and ...
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 ...