Bitcoin ATMs are a hotbed for scams, FTC says

The Federal Trade Commission (FTC) published a report about increasing fraud at Bitcoin ATMs. These ATMs allow people to turn their cash into crypto, but they’ve become a tool for scammers to perpetrate fraud — since 2020, the FTC says fraud at Bitcoin ATMs has ballooned nearly tenfold, and just in the first half of […] © 2024 TechCrunch. All rights reserved. For personal use only....