Back to home

Articles tagged with "Cryptocurrency, Scams, Fraud"

Americans lost $333 million to Bitcoin ATM fraud in 2025 — FBI says there is a ‘clear and constant rise’ of this scam, and that it is ‘not slowing down’

Americans lost $333 million to Bitcoin ATM fraud in 2025 — FBI says there is a ‘clear and constant rise’ of this scam, and that it is ‘not slowing down’

The FBI reports that Americans lost $333 million to Bitcoin ATM scams in 2025, with a continuous increase in fraudulent activity. Losses to crypto ATM scams have been steadily rising, with reported losses hitting $247 million in 2024. Scammers often target older victims, leading to significant financial losses. Authorities are taking action against cryptocurrency ATM providers, with one company facing a lawsuit for facilitating fraudulent transactions. The rise in crypto ATM scams is not limited to the U.S., as Australian authorities also note an increase in scam cases.

Tom's Hardware

No more articles to load

We use cookies

We use cookies to ensure you get the best experience on our website. For more information on how we use cookies, please see our cookie policy.