Bitcoin ATMs

Bitcoin ATM Scams Surge, Targeting Older Adults With Fraudulent Schemes

September 4, 2024

A troubling trend has emerged as fraudsters utilize Bitcoin ATMs to perpetrate scams, predominantly affecting the elderly. According to data from the Federal Trade Commission (FTC) shared with NBC News, consumer losses from Bitcoin ATM scams have surged nearly tenfold since 2020, surpassing $110

Bitcoin·Blockchain·Community·Markets·Security

Bitcoin ATMs Emerge as Key Tools for Scammers in Growing Fraud Cases

August 27, 2024

Scammers are increasingly exploiting cryptocurrency ATMs and kiosks to swindle unsuspecting victims. In a recent case in Troy, Michigan, a woman who fell victim to a scam was directed to a Bitcoin kiosk at a local gas station. The fraudulent scheme began with an email requesting a refund for an alleged accidental overpayment of $3,966.

October 8, 2024

Marathon Digital Sued Over Excessive Noise from Crypto Mining Facility

More than two dozen residents of Granbury, Texas, have filed a lawsuit