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Bitcoin Depot launches ID checks as crypto ATM scams hit $333.5M
Bitcoin Depot has launched a new rule requiring ID checks for all transactions across its U.S. cryptocurrency ATM kiosks.
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 ...
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 ...
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 ...
(TNS) — Jim Meduri answered a terrifying phone call in January from a man pretending to be his son. The caller, who sounded on the verge of tears, said he'd been in a car accident. Meduri was ...
Recovering funds is usually impossible, but a popular crypto vendor is paying nearly $2M to victims.
Add Yahoo as a preferred source to see more of our stories on Google. When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Jasper County ...
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 cryptocurrency, and they're increasingly showing up in grocery ...
Global Bitcoin ATM network shrinks by 334 machines in under 40 days, with the US and Europe seeing the most significant reductions. Coinciding with the decline in Bitcoin prices, the global network of ...
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