Why scammers are increasingly turning to bitcoin ATMs to carry out their cons
Consumer losses in bitcoin ATM scams skyrocketed nearly tenfold to $114 million annually between 2020 to 2023, according to ...
Bitcoin scam victims in Mass. recover lost funds in a first-of-its-kind case
Three Massachusetts residents, ages 80, 83, and 90, lost thousands of dollars each to a bitcoin scam. Now, they're getting ...
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Bitcoin scams targeting the elderly are on the rise in Arizona county
Pima County in Arizona has witnessed a surge in Bitcoin scams, with most of the scams targeting the elderly. According to ...
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West Virginia court warns public over fake jury scams demanding Bitcoin
The United States District Court of the Western District of Virginia has warned the public over the recent exploit of ...
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Beverly police to return $21K lost in Bitcoin scams to victims
More than $21,000 lost in Bitcoin ATM scams will be returned to the victims thanks to investigators in Beverly, Massachusetts ...
Fake FBI agent directs New Smyrna woman to deposit $20,000 in Bitcoin ATM machine
The woman said a fake FBI agent told her hackers got into her account. He said the money would be safe in a Bitcoin machine.
Victim in Ross Township loses more than $8K as part of jury duty scam, sheriff’s office says
A victim in Ross Township has lost thousands of dollars as part of a jury duty scam, the Allegheny County Sheriff’s Office ...
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State AGs Allege Bitcoin ATMs Increasingly Facilitate Scams
Recent actions by the Pennsylvania and Iowa state attorneys general (AG) suggest increasing regulatory scrutiny of bitcoin transaction machines ...
Bullet Blockchain and Sailo Technologies Partner to Set a New Standard in Bitcoin ATM Security and Fraud Prevention
“Bitcoin ATMs are a crucial access point for the crypto economy, but security gaps put users at unnecessary risk,” said Ehud Tal, CEO and Co-founder of Sailo Technologies. “By integrating advanced ...