San Antonio's new ordinance is meant to intervene at the last possible moment before a payment goes through.

Bitcoin was supposed to cut out the middleman. Instead, it's become a middleman's dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...

An ordinance requiring that several businesses display warning posters regarding the fraud went into effect this week.

Anytime the call is urgent, requires you to pay cash and go to a Bitcoin ATM, it is a scam.

The FTC warns that bitcoin ATM fraud is soaring. In the U.S, losses from scams via crypto ATMs exceeded $120 million in 2023. 74% of cryptocurrency ATMs globally are managed by just 10 operators. In ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...

Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset.

Bitcoin ATMs are becoming increasingly common, popping up in gas stations, convenience stores, smoke shops and grocery stores. Five years ago, there were roughly 1,000 cryptocurrency ATMs in Texas.

In the first six months of 2024, Americans lost $65 million to Bitcoin ATM scams. The machines offer an easy way for people to get into cryptocurrency, and they're increasingly showing up in grocery ...

Florida lawmakers recently passed legislation designed to help protect consumers from schemes involving Bitcoin ATMs, and the ...