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 ...

Bitcoin ATMs were supposed to make digital money as easy as grabbing cash from a corner machine. Instead, they have become ...

A grocery store probably isn’t where you’d envision seeing the work of a Secret Service agent, but Special Agent Morgan ...

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 ...

Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset.

Real world bitcoin ATMs are playing a bigger role in the proliferation of online Bitcoin scams than ever before. Data from the Federal Trade Commission shows consumers reporting over $110 million in ...

Crypto ATMs were supposed to be the bridge between everyday consumers and a new kind of money. Instead, they have become one ...

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 ...

In June 2024, when Fran Bates entered a Fort Worth-area gas station, she thought the voice on the other end of the phone was from her bank, and she thought a machine where she was in the process of ...