The median loss to this scam, across all ages, is $10,000. In the first six months of 2024, Americans lost $65 million to Bitcoin ATM scams. The machines offer an easy way for people to get into ...

A new report from the Federal Trade Commission (FTC) shows that money lost to fraudulent bitcoin ATM scammers increased nearly tenfold between 2020 and 2023. Per the spotlight report published on Sept ...

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 ...

Opinions expressed by Entrepreneur contributors are their own. As crypto continues to gain popularity, Bitcoin ATMs will continue to expand and serve as a vital aspect of this ecosystem. Digital ...

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 ...

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 ...

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 wanted to know ...

The voice belonged to a scammer, and experts believe the call was likely made from overseas. The machine was a bitcoin ATM kiosk-- one of more than 45,000 across the country. And on that summer day in ...