FILE - (AP Photo/Charles Krupa, File) (Charles Krupa, Copyright 2021 The Associated Press. All rights reserved.) SAN ANTONIO – Cryptocurrency scams are booming, and ...
There has been a "massive" surge in the amount of money consumers have lost to scams involving Bitcoin ATM machines, according to the Federal Trade Commission (FTC). The amount of money lost has ...
When 80-year-old Joseph Buentello of Grand Prairie received a call claiming his son was in jail, he panicked. Rushing to his local grocery store, he sent $5,000 through a Bitcoin ATM, only to realize ...
As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures. The United States Federal Trade Commission (FTC) ...
RALEIGH — Attorney General Jeff Jackson and Secretary of State Elaine Marshall have launched a statewide initiative in North Carolina to combat bitcoin and cryptocurrency ATM scams, which can result ...
When Fran Bates received a call that her bank account had been hacked, the 85-year-old wanted nothing more than to protect her savings. So she listened to the instructions given to her on the other ...
The US Federal Trade Commission (FTC) revealed that Bitcoin ATM (BTM) scams have accumulated a total of $114 million when converted to the United States dollar in 2023. The federal agency also shared ...
Just inside the front door of a Circle K convenience store, the district manager glared at a small kiosk. Yet another elderly victim had just fed thousands of dollars into the device after being ...
MIDDLEBURG, Fla. – Cases of Bitcoin ATM fraud have started popping up in Clay County and now the Sheriff’s Office is warning people to be alert after a deputy saved an elderly woman from becoming the ...
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