In September, Washington, D.C. Attorney General Brian L. Schwalb sued Athena Bitcoin, saying the company’s own data shows 93% of transactions on its devices in its first five months of operations in ...

Answer: Bitcoin ATM scams are one of the fastest-growing ways criminals are stealing money, especially from older adults.

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.

Bitcoin ATMs are becoming increasingly common, popping up in gas stations, convenience stores, smoke shops and grocery stores. Five years ago, there were roughly 1,000 cryptocurrency ATMs in Texas.

A FAVORITE TOOL FOR SCAMMERS. SCAMMERS MORE AND MORE OFTEN ARE USING ATMS TO STEAL YOUR MONEY. MANY OF THESE SCAMS START WITH A CALL OR A MESSAGE ABOUT SOMETHING SUPPOSEDLY WRONG. THE SCAMMER MIGHT ...

NORTH CAROLINA (WTVD) -- An ITEAM investigation in collaboration with ABC News is exposing scams involving Bitcoin ATMs - kiosks that are popping up across North Carolina and throughout the country.

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...

Americans in 2024 lost nearly $250 million to scams that used Bitcoin ATMs In June 2024, when Fran Bates entered a Fort Worth-area gas station, she thought the voice on the other end of the phone was ...

Illegal Bitcoin ATMs pose significant financial and legal risks, including the potential loss of funds, excessive fees, privacy concerns and legal consequences. Legal Bitcoin ATMs are regulated and ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. The value of bitcoin recently ...