Bitcoin ATM Scams: How They Work & Who They Target

Bitcoin ATM scams are rising fast. Learn how they work, who they target, and what you can do to protect yourself before money is gone. Read More

Watchdogs see an uptick of scam victims who lost cash at bitcoin ATMs - USA TODAY

They include warnings to new customers to not use the Bitcoin Depot ATM for payments to any government entities, law enforcement, employers, tech support companies or anyone saying you've been hacked. Read More

Bitcoin ATM scams are soaring — and older adults are increasingly the victims

Call it a diabolical new twist on an old scam: ATM fraudsters are turning to bitcoin. Data the Federal Trade Commission provided to NBC News show the amount of money consumers have reported losing ... Read More

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

Call it a diabolical new twist on an old scam: ATM fraudsters are turning to bitcoin. Data the Federal Trade Commission provided to NBC News show the amount of money consumers have reported losing ... Read More

Bitcoin ATM Scam Losses Increased 10x in Just Three Years - Investopedia

Losses from bitcoin ATM scams climbed above $110 million in 2023 and already are up to more than $65 million in the first six months of this year, with people over the age of 60 particularly ... Read More

Watchdogs see uptick of scam victims who lost cash at bitcoin ATMs - Detroit Free Press

Crypto ATM abuse has gotten so bad that a top Democratic senator introduced a bill in Congress in February that would protect new customers who are most likely to be fraud victims by setting ... Read More

Bitcoin ATM scams are soaring - AOL

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. Bitcoin ATM scams are soaring — and ... Read More

Bitcoin ATMs are targets for scammers. Here's what you need to know - Courier & Press

And while scams involving Bitcoin ATMs are on the rise according to the agency’s data, they still make up only a tiny fraction of overall U.S. losses to scams and fraud. 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 ATM scams: What you need to know | Mashable

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 cryptocurrency, and they're increasingly showing up in ... Read More

Scammers using Bitcoin ATMs to defraud consumers - WLNS 6 News

How to avoid becoming a victim of a Bitcoin ATM scam: No legitimate company or government agency will ever ask you to deposit money into a Bitcoin ATM Beware of urgent requests ... Read More

Troy woman instructed to deposit $12,500 into Bitcoin ATM amid ongoing scam, police say - ClickOnDetroit

Michigan Attorney General Dana Nessel issued a consumer alert warning residents about scammers who use Bitcoin ATMs to defraud people. Just last week, a 79-year-old Troy woman was targeted in this ... Read More