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, ...

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, ...

Bitcoin ATM scams are taking tens of thousands of dollars from people across the United States, as con artists exploit the growing presence of cryptocurrency ATMs. Consumer advisor Clark Howard warns ...

Even if you aren’t sure what a Bitcoin is, you may soon find them at a nearby machine. The first Bitcoin ATMs are cropping up in North America, enabling consumers to swap cash for units of the ...

In 16 hours, Kimberly Ryan said she lost her life savings. “It was legitimate threats that sounded like they were coming from a legitimate authority figure,” the mother said. Scammers are increasingly ...

Bitcoin Depot Inc.'s recent bankruptcy is part of a larger downturn in the crypto ATM operator industry spurred by a ...

The FBI just dropped a sobering stat: Americans lost $333.5 million to Bitcoin ATM scams in 2025 alone. That’s nearly triple the $114 million lost in 2023. The victims? Mostly seniors with a median ...

Several other states, including Indiana, Tennessee and Minnesota, have passed similar bans in the past.

Scammers may pose as court officials or other agents to trick you into depositing money into a Bitcoin ATM.

Last month, Avalon Hardy, a gas station clerk at a Stinker Store in Boise, Idaho, noticed something strange. Over the course of a week, three elderly women walked cautiously into the store and headed ...