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Bitcoin

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

Here's how to avoid getting ripped off by scammers looking to use Bitcoin ATMs to steal your cash.

By: CNET
  • Sep 10 2024
  • 11
  • 30 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 ... [3533 chars]

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