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Bitcoin

Bitcoin ATM scams surge, disproportionately duping older adults

The FTC said reported losses from Bitcoin ATM fraud topped $110 million last year, as scammers lure victims to send them large sums through the crypto kiosks.

By: NBC News
  • Aug 31 2024
  • 43
  • 3495 Views
Bitcoin ATM scams surge, disproportionately duping older adults
Bitcoin ATM scams surge, dispr
Call it a diabolical new twist on an old scam: ATM fraudsters are turning to bitcoin. Data the Federal Trade Commission provided to NBC News show the amount of money consumers have reported losing to scams involving Bitcoin ATMS rose nearly tenfold s... [1699 chars]

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