Consumer News Ftc Warns Of New Cryptocurrency Atm Scam

Why are cryptocurrency ATM scams so common?

The St. Paul City Council has voted to ban crypto kiosks in the city. The Minnesota Department of Commerce reports more than $700,000 have been stolen through cryptocurrency fraud. Jason Rantala shows ... Read More

Cryptocurrency ATM scams on the rise, police urge caution

Scammers are increasingly using cryptocurrency ATMs to trick people into sending money. It’s a trend Troy police are actively combating by placing warning signs near crypto ATMs throughout the city. Read More

'It's almost like I was hypnotized': Bitcoin ATM scams trick victims into losing thousands

She then drove to Village Variety in Lowell, where she deposited the cash into a Bitcoin Depot ATM. She did it one bill at a time and said it took around three hours to complete. "Being of an elder ... Read More

Crypto ATM scams rising, stealing millions from Alabamians; how to be vigilant

Data provided by the Alabama Securities Commission to WSFA shows over $737,000 stolen in 42 crypto ATM scams since 2022 just in one Jefferson County municipality- over $17,000 stolen on average per ... Read More

Attorney General Raoul Urges Consumers To Be On The Lookout For Crypto–Related Scams

Illinois Attorney General Kwame Raoul urges reporting of crypto scams and warns against recovery fraud targeting victims of cryptocurrency fraud and ATM scams. Read More

‘Don’t try to escape’ — Inside the shadowy world of crypto ATM scams

The email looked like a surprise charge of nearly $500 from Best Buy, along with a customer service line to help with any questions. The man who answered the line quickly acknowledged the charge was a ... Read More

Cryptocurrency ATMs in everyday retail stores are becoming magnets for fraud

Last year, Mellissa McKie wired Isanti County Sheriff’s Sgt. Tom Leatham as much money as she could get her hands on in a day. She thought paying $2,000 through cryptocurrency kiosks, in a gas station ... Read More

FBI data shows cryptocurrency ATM scams exploding in United States

Data from the FBI shows a new way of scamming people is exploding across the country.The common denominator in the scams is a cryptocurrency ATM. You might not have heard of them, but the small kiosks ... Read More

Illinois attorney general: Be cautious of crypto scam ‘recovery’ services

Attorney General Kwame Raoul on Friday encouraged Illinoisans who have lost money to cryptocurrency fraud and scams to report the incident to law enforcement and be cautious of so-called “recovery” ... Read More