Bitcoin News on Nostr: Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC As Bitcoin ...
Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC
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) has reported a 10-fold rise in scams involving Bitcoin ATMs since 2020, with fraudsters exploiting anonymity and the speed of cryptocurrency transactions.
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) has reported a 10-fold rise in scams involving Bitcoin ATMs since 2020, with fraudsters exploiting anonymity and the speed of cryptocurrency transactions.