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 ...

According to FTC data, losses from Bitcoin ATM scams exceeded $110 million in 2023, with consumers aged 60 and older being three times more likely to fall victim. In an interview with ...

While the votes are still being tallied, it's clear that Trump will be headed back to the White House in January, and that has seemingly sparked a wave of renewed interest in crypto.

Banking giants and government regulators are reportedly raising the alarm over a new kind of fraud designed to slip through ...

"While representing they would treat customers’ digital asset commodities safely and responsibly, behind the scenes, they took shockingly reckless risks," a CFTC official said. This month, the ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...

The FTC first took action in 2020 against Credit Karma, the credit-monitoring and finance app acquired in 2020 by financial software giant Intuit. The FTC accused the service of misleading ...

"Too often, businesses make people jump through endless hoops just to cancel a subscription," FTC Chair Lina Khan said in a statement following the announcement. "The FTC's rule will end these ...

Very few users are offered the full amount advertised, and many are not given an advance at all, the FTC said in the lawsuit filed in federal court. The app appeals to users facing financial ...

"Too often, businesses make people jump through endless hoops just to cancel a subscription," FTC Commission Chair Lina Khan said in a news release. "The FTC's rule will end these tricks and traps ...

Canceling the services has to be “at least as easy” as signing up, with no tricks or traps, the FTC said. Vice President Kamala Harris, the Democratic nominee for the White House ...

The FTC received an average of 21 complaints per day about this issue in 2021, the agency has written. The number was 70 per day by 2024. The Biden administration began working on this policy in ...