The ten largest Bitcoin ATM operators in the US have been urged by a group of Democratic Party Senators to address fraud ...
The scammer will usually lie and create some kind of time-sensitive reason as to why the victims must urgently deposit money ...
The Federal Trade Commission (FTC) has revealed a dramatic tenfold increase in scams involving Bitcoin ATMs since 2020, ...
Bitcoin ATMs are a rapidly growing presence in the U.S. and, some experts say, a rapidly growing crime market.
The U.S. Federal Trade Commission (FTC) has reported a massive increase in losses to Bitcoin ATM scams, nearly ten times the ...
The bottom line, according to the FTC: "Don't believe anyone who says you need to use a Bitcoin ATM to protect your money or fix a problem. Real businesses and government agencies will never do ...
Losses from bitcoin ATM scams climbed above $110 million in 2023 and already are up to more than $65 million in the first six ...
Another scam is growing. This time its target people who use Bitcoin ATM machines. Individuals that are over 60 years old ...
The FTC is issuing a warning to all Bitcoin users about the growing rise in ATM scams. In 2023, the number of scams reached ...
In the first half of this year, losses have already topped $65 million, which could be 'only a fraction of the actual harm,' ...
The US Federal Trade Commission (FTC) revealed that Bitcoin ATM (BTM) scams have accumulated a total of $114 million when converted to the United States dollar in 2023. The federal agency also shared ...