MEMPHIS, Tenn. — A grocery store probably isn’t where you’d envision seeing the work of a Secret Service agent, but Special ...
A cryptocurrency ATM is shown in a convenience store in 2022 in Miami. Several states have passed new laws regulating these machines, which officials say are increasingly being used to scam consumers.
Betesh’s story highlights a troubling trend. Cryptocurrency kiosks, a favorite tool for scammers, were used in scams that led ...
On Wednesday, State Representative Russell Bedsole introduced the “Cryptocurrency Kiosk Fraud Prevention Act.” ...
Crypto automated teller machines (ATMs) represent stand-alone electronic kiosks from where individuals can sell and buy digital currencies with a debit card or in exchange for cash. The majority of ...
Crypto ATMs were supposed to be the bridge between everyday consumers and a new kind of money. Instead, they have become one ...
Automatic teller machines that are only for cryptocurrency transactions, also known as crypto or bitcoin ATMs, are popping up all over Iowa, and if you’re not careful using them, it could be a very ...
OVPD recognizes crypto ATMs can be “an avenue for the scammers” who intimidate vulnerable seniors, coercing them to pour unrecoverable cash into crypto ATMs, Wright said. Then, again, the ATMs serve ...
WE’LL TIME THAT OUT. COMING UP ON WEATHER WATCH 12 NEW TONIGHT A WARNING ABOUT YOUR MONEY. 12 NEWS HAS BEEN INVESTIGATING SCAMS USING BITCOIN ATMS. ONE INVOLVES SCAMMERS POSING AS POLICE THREATENING ...
Crypto ATMs fraud is surging, prompting bans and stricter rules across the U.S. Here's how scams work, what regulators are ...
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. There’s a remarkable new report from the CNN Investigates team about crypto ATMs, ...
One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs. Australian federal police said it has contacted ...