"Being of an elder age, I didn't know what a Bitcoin was," Peltz said. "It's almost like I was hypnotized." Once in the ...
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 ...
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 ...
The kiosks, which resemble conventional A.T.M.s and convert cash into virtual currencies, are increasingly under scrutiny as a tool for scammers.
The voice belonged to a scammer, and experts believe the call was likely made from overseas. The machine was a bitcoin ATM kiosk-- one of more than 45,000 across the country. And on that summer day in ...
Once a victim sends their money digitally, it’s hard for law enforcement to take action because scammers are often overseas.
Data provided by the Alabama Securities Commission to WSFA shows over $737,000 stolen in 42 crypto ATM scams since 2022 just ...