Bottom line If you’re looking to cash out some crypto, know that there are plenty of options. You can use a crypto exchange, a brokerage account, a peer-to-peer app or even a Bitcoin ATM.

Most of us are familiar with ATMs that can be used to withdraw cash, but Bitcoin ATMs are becoming more common. They are also a favorite tool for scammers.

A new report from the Federal Trade Commission (FTC) shows that money lost to fraudulent bitcoin ATM scammers increased nearly tenfold between 2020 and 2023. Per the spotlight report published on ...

PHOENIX (3TV/CBS 5)-- Bitcoin ATMs are popping up in grocery stores, gas stations, and vape stores. There are hundreds of them across Arizona. But they’re not regulated and once you send money ...

Consumers lost $66 million to crypto ATM fraud in the first six months of 2024, the Federal Trade Commission said. The money often cannot be recovered.

Another scam is growing. This time its target people who use Bitcoin ATM machines. Individuals that are over 60 years old have reported falling victim the most.