Vulnerable scam victims are also directed to use the ATMs to convert cash into crypto that’s then routed to fraudsters. In most cases, the money can’t be recovered. Legislation was introduced ...

The ATMs were created as an alternative payment method to remove the middleman of banks through a de-centralised system. When transferring crypto, thousands of computers worldwide verify the ...

Lawmakers in North Dakota state have introduced a bill to restrict crypto ATM transactions and protect residents from fraud. The House Bill 1447 was submitted on January 15 to the state ...

While noting that scammers use a variety of techniques, the warning singled out crypto ATM scams: “The scams have many different variations, but one in particular directs a person to a ...

Some countries agree with Coffey. The United Kingdom has effectively banned crypto ATMs and this year began prosecuting a man for running one illegally. In Australia, regulators announced a ...

In today’s issue, Leo Mindyuk from MLTech provides a crypto outlook for 2025 and highlights key factors that could drive the adoption of these assets. Then, Miguel Kudry from L1 Advisors shares ...

The bitcoin ATM then transfers the crypto to the scammer’s electronic wallet. The scammers quickly move the crypto after it is transferred, making it difficult to trace and recover, the warning ...

Whether or not the optimism about President-elect Donald Trump’s pro-crypto rhetoric on the campaign trail is be realized, the value of virtual coins continues to tick up. But so too do scams ...

Most Americans don’t know what this means but they should. By stockpiling bitcoin — the most popular crypto — inside the vaults of places like Fort Knox, the US government is sending a ...

Bitcoin's next all-time high may be just days away. Standard Chartered analyst Geoff Kendrick said the flagship crypto token looks set to surpass its $109,000 price record within the next week ...

The incoming Trump administration has promised to pass crypto-friendly regulations, and is likely to loosen strictures on Wall Street institutions as well. This will bring an unheralded era of ...