The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older adults, with significant financial impact. FTC Warns of […]Featured, atm fraud, Bitcoin, Bitcoin ATM, BTC, cash deposit, consumer protection, Crypto, Cryptocurrency, financial impact, Fraud, ftc, government officials, impersonations, Losses, median loss, older adults, Scams, tech supportRead More

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