Maine is cracking down, becoming the first state in the nation to specific regulations aimed at cutting off the tools ...
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Popular scams include using a counterfeit device to access the ATM vestibule and placing a false façade on the front of the ...
From 2020 to 2023, consumer losses in bitcoin ATM scams skyrocketed nearly tenfold to $114 million annually, according to the Federal Trade Commission. During that time frame, consumers over the age ...
Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset.
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FBI: Bitcoin ATM scams hit a record $333M

Bitcoin ATMs were supposed to make digital money as easy as grabbing cash from a corner machine. Instead, they have become one of the fastest growing tools for fraud, with the FBI now tying them to a ...
LAS VEGAS (KTNV) — The Nevada Secretary of State's Office is warning people of a recirculating scam connected to the use of cryptocurrency ATMs, also known as Bitcoin ATMs. According to the North ...
HAYS, Kan. (KSNW) — The Hays Police Department is warning residents about a surge in scams that pressure victims into sending money through Bitcoin ATMs. Police say scammers often pose as government ...
BENTONVILLE -- Benton County sheriff's deputies seized more than $14,000 from a Bitcoin ATM in an investigation related to a scam and now the company is suing for the money's return. Bitcoin Depot is ...
To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Cryptocurrency ATM machines are a magnet for scammers who dupe unwitting victims into sending ...
Bitcoin ATMs were spotted across major shopping malls in Nairobi days after Kenya implemented its first comprehensive cryptocurrency law, creating an immediate stress test for regulators who claim ...
Katie Hobbs, Arizona Governor, vetoed three significant crypto bills but backed tough consumer protection rules for Bitcoin ATMs. Governor Hobbs (D-Arizona) denied Senate Bill 1373 on May 12 which ...