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

Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset.

The FTC warns that bitcoin ATM fraud is soaring. In the U.S, losses from scams via crypto ATMs exceeded $120 million in 2023. 74% of cryptocurrency ATMs globally are managed by just 10 operators. In ...

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 ...

The victims were led to the Arizona convenience store by an increasingly familiar scam: Crooks had tricked them into believing they were in legal trouble, their bank accounts were hacked or that they ...

In the first six months of 2024, Americans lost $65 million to Bitcoin ATM scams. The machines offer an easy way for people to get into cryptocurrency, and they're increasingly showing up in grocery ...

Bitcoin ATM fraud is a growing threat in Houston and nationwide. Awareness and quick action can help protect consumers and ...