U.S. consumers lost nearly $250 million in 2024 to fraud involving Bitcoin ATMs, more than double the losses of the previous year, ABC News reported, citing the FBI. These Bitcoin machines are ...

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 ...

No one − repeat, no one − needs to be so fearful that they're stuffing tens of thousands of dollars in a box and standing at home or in a parking lot waiting for a stranger to pick up the cash to ...

(Reuters) - A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or ...

Diane Reynolds said she was caught off guard when someone contacted the Maryland retiree online and said access to her computer had been blocked for safety reasons. "There was a voice message that was ...

Update (Sept. 9, 2:45 pm UTC): This article has been updated to clarify that the Bitcoin ATM network lost a net total of 600 ATMs, rather than that 600 machines in total were lost. The total number of ...

EVANSVILLE — Automatic Teller Machines have long stood as a juicy target for thieves, but federal officials say a relatively new breed of Bitcoin and digital currency ATMs have become a favorite for ...

Two cybercrime victims won't be able to recover their money, seized from a third-party cryptocurrency company, the Iowa Supreme Court has ruled. The decisions, issued Friday, May 1, involve two Iowans ...