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.
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, ...
Massachusetts residents lost millions in crypto ATM fraud last year ...
TAMPA, Fla. (WFLA) – For years, Better Call Behnken reports have warned about schemes targeting the elderly using fear, manipulation — and bitcoin machines. Now, two local state representatives have ...