Recovering funds is usually impossible, but a popular crypto vendor is paying nearly $2M to victims.
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.
Bitcoin ATMs are used to steal money. Using some phishing email, a phone call or even a fake AI audio, targets are persuaded to send money using a Bitcoin ATM to the recipient's wallet address because ...
Bitcoin ATM fraud is a growing threat in Houston and nationwide. Awareness and quick action can help protect consumers and ...
Law enforcement across Wyoming say criminals are exploiting Crypto ATMs in scams that have stolen more than $4.6 million in just three of ...
LANSING, Mich. (WLNS) — Michigan Attorney General Dana Nessel warns that scammers are using Bitcoin ATMs to defraud Michiganders. The Office of the Attorney General says Bitcoin ATM scams targeting ...
Scammers are using Bitcoin ATMs to steal cash from Houston residents. Police and regulators explain what to watch for and who ...
From 2020 to 2023, consumer losses in bitcoin ATM scams skyrocketed nearly tenfold to $114 million annually, according to the Federal Trade Commission. During that time frame, consumers over the age ...
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 ...
The first step after falling victim to a bitcoin ATM scam is to contact the company that owns the ATM where the transaction took place. Look for the contact information on your receipt or on the ...
A Mesa senior lost thousands of dollars to a scammer, but Arizona's new cryptocurrency fraud prevention law is helping her ...
Katie Hobbs, Arizona Governor, vetoed three significant crypto bills but backed tough consumer protection rules for Bitcoin ATMs. Governor Hobbs (D-Arizona) denied Senate Bill 1373 on May 12 which ...