Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset.

MONTHS AND SPOKE WITH THE ATTORNEY GENERAL ABOUT THE LAWSUIT. MIKE ERIKA ATTORNEY GENERAL ANDREA CAMPBELL SAYS CRYPTO SCAMS HAVE ROBBED MASSACHUSETTS RESIDENTS OF MORE THAN $10 MILLION. THE ...

The victims were led to the Arizona convenience store by an increasingly familiar scam: Crooks had tricked them into believing they were in legal trouble, their bank accounts were hacked or that they ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...

The FTC warns that bitcoin ATM fraud is soaring. In the U.S, losses from scams via crypto ATMs exceeded $120 million in 2023. 74% of cryptocurrency ATMs globally are managed by just 10 operators. In ...

DISCOVERED. IT’S COSTING PEOPLE ALL ACROSS MASSACHUSETTS MILLIONS. AND I GET A PHONE CALL FROM TD BANK, WHICH HAS BEEN MY BANK FOR YEARS. 85 YEAR OLD JANICE PELTZ DIDN’T REALIZE IT AT THE TIME, BUT IT ...

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 ...

Bitcoin ATMs are becoming increasingly common, popping up in gas stations, convenience stores, smoke shops and grocery stores. Five years ago, there were roughly 1,000 cryptocurrency ATMs in Texas.

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, ...

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 ...

A FAVORITE TOOL FOR SCAMMERS. SCAMMERS MORE AND MORE OFTEN ARE USING ATMS TO STEAL YOUR MONEY. MANY OF THESE SCAMS START WITH A CALL OR A MESSAGE ABOUT SOMETHING SUPPOSEDLY WRONG. THE SCAMMER MIGHT ...