In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, a sharp rise fueled by ...

More Scammers convince you to take cash to a bitcoin ATM Her story highlights one huge red flag that consumers must watch out for these days — how scammers are convincing you to take cash to a crypto ...

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 ...

The FTC warns that bitcoin ATM fraud is soaring. In the U.S, losses from scams via crypto ATMs exceeded $120 million in 2023. 74% of cryptocurrency ATMs globally are managed by just 10 operators. In ...

The FBI reported that bitcoin ATM fraud increased in 2025, resulting in $333 million stolen from over 10,000 victims.

CONCERNS THAT DOESN’T GO FAR ENOUGH. I GOT AN EMAIL TELLING ME THAT MY SAVINGS ACCOUNT WAS AT RISK, AND I HAD $15,000 IN THERE, AND THEY TOLD ME THAT I HAD TO WITHDRAW IT AND DEPOSIT IT IN A BITCOIN ...

Seven Democratic US Senators have sent letters to ten of the country’s biggest Bitcoin ATM operators urging them to address fraud against elderly Americans. A group of United States Senate Democrats ...

Crypto ATM operator Bitcoin Depot has reached a settlement with the state of Maine, agreeing to a multi-million dollar fine over allegations that its kiosks led to widespread fraud targeting ...