Iowa Attorney General announced last Wednesday a lawsuit against two cryptocurrency ATM companies for costing Iowans over $20 due to scams.
Similar to CoinFlip, the BTM operator Bitcoin Depot told us “When consumers are using a Bitcoin Depot ATM machine, the kiosk displays multiple scam warnings at nearly every stage of the ...
The Iowa Attorney General’s Office filed a lawsuit on Feb. 26 against two cryptocurrency kiosk vendors, Bitcoin Depot and CoinFlip. These two companies place Bitcoin ATM’s in commercial locations acro ...
and that once the money is sent through the crypto ATM, it is gone. Bitcoin Depot and CoinFlip take a cut of 20% of the money Iowans send through their machines, One Iowa woman's money is among ...
Unlike conventional platforms, CoinFlip stands out by offering a unique service—allowing users to purchase Bitcoin and six other cryptocurrencies using paper cash. This innovative approach is ...
According to data that Bird’s office has tracked so far, Iowans have lost $7.2 million in the last three years through Bitcoin Depot ATMs and $11.2 million through CoinFlip ATMs. Bird said the ...
Australian police have uncovered an “Aladdin’s cave” of stolen items after busting a local crime syndicate targeting crypto ATMs and collector card stores across Melbourne. Local police ...
Bitcoin Depot and CoinFlip, Iowa's two largest cryptocurrency ATM operators, were subject to a "first-of-its-kind investigation" in October 2023 for failure to protect users against scammers who ...