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Bitcoin

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

In the first half of this year, losses have already topped $65 million, which could be "only a fraction of the actual harm," the FTC says.

By: Hot Hardware
  • Sep 05 2024
  • 33
  • 4575 Views
FTC Warns Of Skyrocketing Bitcoin ATM Scams Following Massive $110M Loss
FTC Warns Of Skyrocketing Bitc
The United States Federal Trade Commission (FTC) is warning consumers of a "massive" surge in Bitcoin ATM scams (add it to the list of cryptocurrency scams ). According to the FTC, consumers posted collective losses totaling $110 million in 2023, whi... [2073 chars]

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