Categories: Crypto Scams & Fraud

Crypto scammers use Bitcoin ATMs to carry out cons



From 2020 to 2023, consumer losses in bitcoin ATM scams skyrocketed nearly tenfold to $114 million annually, according to the Federal Trade Commission. During that time frame, consumers over the age of 60 were over three times more likely than younger adults to lose money to bitcoin scams. Brian New reports.

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