The Federal Bureau of Investigation said fraudsters in 2025 bilked Americans out of more than $333 million with ruses perpetrated using bitcoin ATM machines, a marked uptick over previous years as the ...
Bitcoin ATM scams cost Americans $333.5 million in 2025, targeting seniors with fake government calls directing them to crypto kiosks for irreversible theft.
Crypto ATM scams are draining hundreds of millions as police release bodycam footage showing elderly victims stopped mid-fraud, prompting urgent FBI warnings and calls for stricter regulation.
DES MOINES, Iowa — Cryptocurrency ATMs, also known as Bitcoin ATMs, are increasingly being used in scams, with Americans losing over $100 million annually according to the Federal Trade Commission.
The U.S. Secret Service teamed up with state and local police last year to prevent more than $428 million in card skimming ...