The woman said a fake FBI agent told her hackers got into her account. He said the money would be safe in a Bitcoin machine.

How we think about digital assets is shifting, and cryptocurrencies are at the center of this exciting transformation. Just a ...

Scammer directs tearful, panicked victim to Bitcoin ATM Barbara got the money and the scammer then directed her via phone, to the convenience store where the Bitcoin machine was located.

Consumer losses in bitcoin ATM scams skyrocketed nearly tenfold to $114 million annually between 2020 to 2023, according to data from the Federal Trade Commission.

“Bitcoin ATMs are a crucial access point for the crypto economy, but security gaps put users at unnecessary risk,” said Ehud Tal, CEO and Co-founder of Sailo Technologies. “By integrating advanced ...

Bitcoin ATMs are a newer way to transfer money. But they are also where an older generation is being sent by scammers.

Recent actions by the Pennsylvania and Iowa state attorneys general (AG) suggest increasing regulatory scrutiny of bitcoin transaction machines ...

and Bitcoin ATM operators to push for a bill that would regulate these machines. “It’s more about the individuals who use them and people who are using them because they’re being scammed ...

A woman was convinced Monday to withdraw $25,000 from an account and deposit the money in a “Bitcoin machine,” according to Centralia police. It was not immediately clear what a “Bitcoin machine” is, ...