There has been a "massive" surge in the amount of money consumers have lost to scams involving Bitcoin ATM machines, according to the Federal Trade Commission (FTC). The amount of money lost has ...

The median loss to this scam, across all ages, is $10,000. In the first six months of 2024, Americans lost $65 million to Bitcoin ATM scams. The machines offer an easy way for people to get into ...

The Sheriff in Jasper County, Texas, located a little over 100 miles northeast of Houston, used a circular saw to break into a Bitcoin ATM after determining it was used for fraud. According to a ...

Update (Sept. 9, 2:45 pm UTC): This article has been updated to clarify that the Bitcoin ATM network lost a net total of 600 ATMs, rather than that 600 machines in total were lost. The total number of ...

OMAHA, Neb. (WOWT) - Bitcoin machines are where scammers cash in on fear of arrest that they create. “He needs to post an appearance bond so he can show in court today,” a scammer says over the phone.

NORTH CAROLINA (WTVD) -- An ITEAM investigation in collaboration with ABC News is exposing scams involving Bitcoin ATMs - kiosks that are popping up across North Carolina and throughout the country.

In the first six months of 2024, Americans lost $65 million to Bitcoin ATM scams. The machines offer an easy way for people to get into cryptocurrency, and they're increasingly showing up in grocery ...