With regulators cracking down on the cash-to-cryptocurrency kiosks in a bid to stop scammers, Bitcoin Depot has said that its business model is no longer viable.
Massachusetts residents lost millions in crypto ATM fraud last year ...
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, ...
MONTHS AND SPOKE WITH THE ATTORNEY GENERAL ABOUT THE LAWSUIT. MIKE ERIKA ATTORNEY GENERAL ANDREA CAMPBELL SAYS CRYPTO SCAMS HAVE ROBBED MASSACHUSETTS RESIDENTS OF MORE THAN $10 MILLION. THE ...
Bitcoin Depot’s operations have come to an end following its Chapter 11 bankruptcy filing recently (May 18). The company took ...
BANGOR, Maine (WABI) -Following a surge of complaints, the Maine Bureau of Consumer Credit Protection launched a two-year investigation into bitcoin ATM-style kiosks operating across the state and ...
A Georgia woman accused of helping move money from a phone scam impersonating law enforcement has been arrested after investigators traced the stolen funds through cryptocurrency transactions, ...
Convenience store ATMs that sell bitcoin are scamming US consumers out of millions, according to the FBI. And now some Massachusetts lawmakers and the American Association of Retired Persons are ...
BLOOMINGTON, Ind. — Bloomington police say a local man was scammed out of $7,600 in Bitcoin by a suspect claiming to have an arrest warrant from the sheriff’s office. A man contacted the Bloomington ...