Recovering funds is usually impossible, but a popular crypto vendor is paying nearly $2M to victims.

There, she would find an ATM operated by Bitcoin Depot where she could deposit her cash. The Bitcoin Depot ATM stands near the front register, not far from a refrigerated case that sells BB's Buzzin ...

The FTC warns that bitcoin ATM fraud is soaring. In the U.S, losses from scams via crypto ATMs exceeded $120 million in 2023. 74% of cryptocurrency ATMs globally are managed by just 10 operators. In ...

Based on FBI data, the threat of scam-related losses involving cryptocurrency ATMs and kiosks has been growing with 10,956 complaints filed and $246.7 million in stolen money reported in 2024. Critics ...

The scourge of crypto scams — enabled by seemingly harmless looking bitcoin ATMs standing in the corner of gas stations and grocery stores — has one wealthy community on the shores of Lake St. Clair ...