Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams. Update (Sept. 9, 2:45 pm UTC): This article has been updated to ...
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 FBI reported that bitcoin ATM fraud increased in 2025, resulting in $333 million stolen from over 10,000 victims.
As digital assets roar back into the mainstream after an extended period of price declines, experts are warning about the risks of financial predation baked into of the industry’s most analog ...
Stacy Hazinski received one of those annoying text messages that claimed she was about to be charged $114.02 for something she didn't buy. So she called the number, supposedly for her Apple Pay ...
How one New England state took quick action ...
Benzinga: Does the declining number of Bitcoin ATM machines concern you? Polotsky: I’m not concerned about the declining number of Bitcoin kiosks. It seems like many companies are working to optimize ...
Add Yahoo as a preferred source to see more of our stories on Google. Here’s how the grift works like clockwork. Scammers call pretending to be government officials, bank representatives, or even ...
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 ...
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 ...
IOActive chief technology officer Gunter Ollmann said that through the vulnerabilities, attackers could steal users’ Bitcoin through the ATM. Bitcoin ATM provider Lamassu Industries fixed a ...