Consumers lost $66 million to crypto ATM fraud in the first six months of 2024, the Federal Trade Commission said. The money often cannot be recovered.

The decision to implement warning stickers on crypto ATMs in Council Bluffs comes after residents have lost over $460,000 in ...

The simplest answer is that scammers are using bitcoin ATMs. A scammer will contact a victim and state that due to some ...

An Ohio woman who fell victim to a cryptocurrency scam has been refunded most of the nearly $42,000 in stolen Bitcoin.

Local law enforcement has bemoaned the increasing challenges in tackling digital asset scams in counties. Over the last few months, there has been an uptick ...

A Miami company that owns three cryptocurrency ATMs ... Bitcoin, wrote in an April 14 letter to Land. “Athena Bitcoin would like to work with the city of Stillwater to address the problem of ...

According to the Federal Trade Commission, scams using Bitcoin ATMs have increased tenfold, with $114 million stolen in 2023. People age 60 and older were more than three times as likely to fall ...

“Because money sent through bitcoin ATMs is nearly impossible to recover and these machines lack oversight and regulation, they have become an attractive option for criminals engaged in fraud ...