Grosse Pointe Farms wants bitcoin ATM crackdown after scam surge

The city attorney for Grosse Pointe Farms drafted an ordinance that would, for starters, limit how much money customers could put into a bitcoin ATM. Read More

Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC

FTC reports a 10-fold increase in Bitcoin ATM scams since 2020, with older consumers most at risk. Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC Ecosystem ... Read More

New Iowa law protects against cryptocurrency ATM fraud

The legislature acted when they saw how frequently cryptocurrency ATMs were being used by scammers to steal from Iowans.' ... Read More

Bitcoin cryptocurrency ATM fraud prompts DE attorney general warning

The Delaware attorney general offers tips and warnings about cryptocurrency scams. ... was lost as a result of bitcoin ATM fraud in 2023, according to data from the Federal Trade Commission. Read More

Behind the company with 37,000 ATM bitcoin machines around the world

There is no evidence that Athena was part of these scams — only that their machines were used. Athena reports that it has 800 bitcoin ATM’s in Texas — 22% of its global inventory. Read More

Bitcoin ATM scams surge, disproportionately duping older adults - NBC News

The FTC said reported losses from Bitcoin ATM fraud topped $110 million last year, as scammers lure victims to send them large sums through the crypto kiosks. Read More

Why scammers are increasingly turning to bitcoin ATMs to ... - CBS News

Consumer losses in bitcoin ATM scams skyrocketed nearly tenfold to $114 million annually between 2020 to 2023, according to data from the Federal Trade Commission. ... New has been a member of the ... Read More