Category: Bitcoin ATMs
US Lawmakers Push Crypto ATM Operators to Address Fraud Concerns
Senate Democrats urge crypto ATM operators to prevent fraud against elders. Fraud losses from Bitcoin ATMs rose to $65 million in H1 2024, affecting the…
FCA Brings Charges Against UK Businessman for Operating Illegal Crypto ATM Network
The FCA brought criminal charges against an individual who operated a network of illegal crypto ATMs, making it the first time the agency has imposed…
FTC Warns of Bitcoin ATM Scams
The US FTC has warned US residents of Bitcoin ATM scams, which have risen 10X since 2020. The US Federal Trade Commission has warned US…
UK Authorities Intensify Crackdown on Illegal Bitcoin ATM Operations
Rahman’s case is the UK’s first prosecution for operating unauthorized Bitcoin ATMs. Lack of defined digital asset legislation exposes consumers to considerable dangers. In a…
NCR Atleos and LibertyX Launch Feature to Convert Bitcoin to Cash
LibertyX’s Bitcoin Cashout will let NCR Atleos integrate easy bitcoin withdrawals for users across 30 US states. NCR Atleos, an Automated Telling Machine (ATM) provider,…
Australia Sees Rapid Growth in Cryptocurrency ATMs, Now Third Globally
Australia is experiencing a significant surge in the number of cryptocurrency ATMs, with their presence increasing 16-fold in just two years. As reported by Coin…
Brandon Mintz of Bitcoin Depot on the Many Changes to the ATM Industry
Brandon Mintz is the CEO of Bitcoin Depot, one of the largest crypto ATM firms in the world. He bought his first bitcoin in 2013,…
Bitcoin ATMs Are Being Used for More Fraudulent Activity
Bitcoin ATMs are largely becoming the centers of crypto fraud schemes, according to law enforcement agencies around the country. Bitcoin ATMs and the Problems They…
Bitcoin Depot Sues Texas Sheriff’s Office, Alleges Wrongful Money Seizure
An 82-year-old woman in the city of Crawford, Texas has lost $15,000 to crypto scammers. The good news is that she’s gotten her money back,…
