Bitcoin was supposed to cut out the middleman. Instead, it's become a middleman's dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...
The Cool Down on MSN
FBI says US crypto scams topped $11 billion as more victims were sent to bitcoin ATMs
A machine inside a familiar store can seem routine and harmless, which may make a victim less suspicious.
Morning Overview on MSN
Scammers posing as FTC staff are steering victims to deposit cash at Bitcoin ATMs
Scammers impersonating Federal Trade Commission employees are calling consumers, claiming they owe money or face legal ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Bitcoin ATM fraud reached new highs in 2025, with scammers reportedly stealing $333 million from ...
Arizona residents lost $177 million to cryptocurrency fraud in 2024, leading to new state "guardrails" for Bitcoin ATMs. House Bill 2387 now mandates daily transaction limits and requires ATM ...
TAMPA, Fla. (WFLA) — For months, Better Call Behnken has investigated criminals using Bitcoin ATMs to trick elderly Floridians out of money. Now, new state legislation aimed at protecting consumers ...
Karnataka CID SIT has filed closure reports against police officers in the Bitcoin case after the government denied ...
A Kansas cashier stopped a 72-year-old woman from sending $22,800 into a Bitcoin machine after police said scammers used fake Apple Security and bank claims ... Read More ...
Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...
Bitcoin ATM fraud reached new highs in 2025, with scammers reportedly stealing $333 million from victims, the FBI said. In most cases of bitcoin ATM fraud, scammers impersonate either a company or a ...
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