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Bitcoin

Consumers Lost $114 Million to Bitcoin ATM Scams in 2023, FTC Says

This year's reported losses are on pace to be even higher and probably represent just a small glimpse of the total money lost.

By: CNET
  • Sep 04 2024
  • 8
  • 311 Views
Consumers Lost $114 Million to Bitcoin ATM Scams in 2023, FTC Says
Consumers Lost $114 Million to
Consumers lost $114 million to scams involving Bitcoin ATMs last year, amounting to a tenfold increase from just three years ago, according to a new report from the Federal Trade Commission. This year's losses are on track to be even higher, with an ... [3228 chars]

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FTC Warns Of Skyrocketing Bitcoin ATM Scams Following Massive $110M Loss
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