The Federal Bureau of Investigation said fraudsters in 2025 bilked Americans out of more than $333 million with ruses ...

Federal authorities say Americans lost a record $333 million in bitcoin ATM scams over the last year, topping 2024's total of ...

Bitcoin and crypto ATMs faced heightened scrutiny in 2025, as authorities and lawmakers tried to confront a growing number of scams.

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 Waltham City Council and the Gloucester City Council both passed ordinances banning the machines in September, and gas ...

St. Paul has yet to file a response to the lawsuit. Stillwater, which banned crypto-currency ATMs in April, filed a proposed ...

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 ...

Financial scams take many forms: a prominent technology company purportedly warning you that your online account has been hijacked, or someone impersonating a bank executive claims there have been ...

Illegal Bitcoin ATMs pose significant financial and legal risks, including the potential loss of funds, excessive fees, privacy concerns and legal consequences. Legal Bitcoin ATMs are regulated and ...