For months, Better Call Behnken has investigated criminals using Bitcoin ATMs to trick elderly Floridians out of money. Now, ...
A different kind of ATM is setting up shop in your local convenience store. These machines look like traditional banking kiosks, but they allow customers to buy bitcoin in cash. Bitcoin ATMs, or BTMs, ...
Alex Holmes, who has led the company since March, cited “stringent compliance obligations” from states, increasing litigation and tougher transaction limits.
That unassuming kiosk in your local grocery store is a portal to fraud, regulators warn.
Q: What are these Bitcoin ATM scams targeting the elderly, so I can warn my parents? A: Bitcoin ATM scams are one of the fastest-growing ways criminals are stealing money, especially from older adults ...
Bitcoin Depot was the largest network of bitcoin kiosks in North America, but saw its revenue crater after increased scrutiny.
Bitcoin was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...
In June 2024, when Fran Bates entered a Fort Worth-area gas station, she thought the voice on the other end of the phone was from her bank, and she thought a machine where she was in the process of ...
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 ...
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