Recovering funds is usually impossible, but a popular crypto vendor is paying nearly $2M to victims.

MORNING STARTING AT 430. WE HAVE A WARNING TONIGHT ABOUT YOUR MONEY. 12 NEWS INVESTIGATES LOOKING INTO SCAMS INVOLVING BITCOIN ATMS. YEAH. SO TONIGHT THE STATE OF WISCONSIN WANTS TO STEP IN TO TRACK ...

The voice belonged to a scammer, and experts believe the call was likely made from overseas. The machine was a bitcoin ATM kiosk-- one of more than 45,000 across the country. And on that summer day in ...

Bitcoin ATMs are used to steal money. Using some phishing email, a phone call or even a fake AI audio, targets are persuaded to send money using a Bitcoin ATM to the recipient's wallet address because ...