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Americans lost more than $330 million on bitcoin ATM scams in 2025
Federal authorities say Americans lost a record $333 million in bitcoin ATM scams over the last year, topping 2024's total of ...
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 ...
The Federal Bureau of Investigation said fraudsters in 2025 bilked Americans out of more than $333 million with ruses ...
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 ...
The Waltham City Council and the Gloucester City Council both passed ordinances banning the machines in September, and gas ...
Circle K has made millions by renting space to crypto ATMs – even amid mounting evidence that the machines are playing a key role in international fraud schemes.
Bitcoin and crypto ATMs faced heightened scrutiny in 2025, as authorities and lawmakers tried to confront a growing number of scams.
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 ...
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