When 80-year-old Joseph Buentello of Grand Prairie received a call claiming his son was in jail, he panicked. Rushing to his local grocery store, he sent $5,000 through a Bitcoin ATM, only to realize ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...

Attorney General Jeff Jackson and Secretary of State Elaine Marshall have launched a statewide initiative in North Carolina to combat bitcoin and cryptocurrency ATM scams, which can result in victims ...

Cryptocurrency kiosk vendor Bitcoin Depot has agreed to pay the state of Maine nearly $2 million as part of a settlement to ...

Just inside the front door of a Circle K convenience store, the district manager glared at a small kiosk. Yet another elderly victim had just fed thousands of dollars into the device after being ...

When Fran Bates received a call that her bank account had been hacked, the 85-year-old wanted nothing more than to protect her savings. So she listened to the instructions given to her on the other ...

Americans in 2024 lost nearly $250 million to scams that used Bitcoin ATMs In June 2024, when Fran Bates entered a Fort Worth-area gas station, she thought the voice on the other end of the phone was ...

The email looked like a surprise charge of nearly $500 from Best Buy, along with a customer service line to help with any questions. The man who answered the line quickly acknowledged the charge was a ...

MONTGOMERY, Ala. (WSFA) - Recent FBI data shows an alarming fraud trend, involving ATMs that specialize in cryptocurrency transactions, like Bitcoin. Body camera footage out of Florida highlights the ...

When Fran Bates received a call that her bank account had been hacked, the 85-year-old wanted nothing more than to protect her savings. Thanks to Jeff Bezos, you can now become a landlord for as ...