Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams. Update (Sept. 9, 2:45 pm UTC): This article has been updated to ...

Bitcoin ATMs were supposed to make digital money as easy as grabbing cash from a corner machine. Instead, they have become one of the fastest growing tools for fraud, with the FBI now tying them to a ...

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 ...

MEMPHIS, Tenn. — A grocery store probably isn’t where you’d envision seeing the work of a Secret Service agent, but Special ...

$333 billion was lost from cryptocurrency scams last year, according to the FBI’s Internet Crime Complaint Center.

Dave Lieber After last month’s Watchdog report on the Fort Worth woman conned into depositing $10,000 into a convenience store’s bitcoin ATM, several readers reached out wanting to learn more. They ...

PEORIA, AZ — Arizona is looking to crack down on Bitcoin ATM scams, something that has been becoming more and more popular among scammers each year. House Bill 2387, introduced by state representative ...

The US Federal Trade Commission (FTC) revealed that Bitcoin ATM (BTM) scams have accumulated a total of $114 million when converted to the United States dollar in 2023. The federal agency also shared ...

The Robocoin kiosk lets users convert cash to bitcoins in minutes, not days. Oct. 30, 2013— -- Bitcoins, now valued at over $200 a piece, were seen as the currency of the black market, back when ...