Bitcoin ATM scams cost Americans $333.5 million in 2025, targeting seniors with fake government calls directing them to ...
The FBI reported that bitcoin ATM fraud increased in 2025, resulting in $333 million stolen from over 10,000 victims.
Fraud through Bitcoin ATMs more than doubled from 2023 to 2024 and continued climbing this year, the FBI’s spokesperson told ...
Crypto ATMs let users buy or sell cryptocurrencies with cash. Learn how they work, fees involved, regulations, and global adoption.
Bitcoin and crypto ATMs faced heightened scrutiny in 2025, as authorities and lawmakers tried to confront a growing number of scams.
Crypto ATM scams are draining hundreds of millions as police release bodycam footage showing elderly victims stopped ...
In a statement shared with Benzinga, the FBI observed a "clear and constant rise" in fraudulent transactions involving ...
The US now has more than 45,000 Bitcoin ATMs where people can insert cash (or scan a crypto wallet QR code) to buy Bitcoin and have ...
Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...
Bitcoin ATMs are designed for quick transactions. You insert cash, scan a QR code, and receive crypto in a matter of minutes. While this can be convenient for legitimate buyers, the high fees ...
Answer: Bitcoin ATM scams are one of the fastest-growing ways criminals are stealing money, especially from older adults.
The Federal Bureau of Investigation revealed that scammers have defrauded Americans of more than $300 million in 2025 through ...