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Category bitcoin atm

Treasury Issues Urgent Bitcoin ATM Scam Alert After $247M in Victim Losses

Treasury Issues Urgent Bitcoin ATM Scam Alert After $247M in Victim Losses

Bitcoin ATM fraud has cost victims $247 million since 2020, FinCEN has warned, citing scams that hit older adults hardest. With losses rising ten-f...
New Zealand Bans Crypto ATMs, Sets $5K Cap on Transfers in Major AML Crackdown

New Zealand Bans Crypto ATMs, Sets $5K Cap on Transfers in Major AML Crackdown

New Zealand has unveiled a sweeping set of reforms, including a nationwide ban on cryptocurrency ATMs and a $5,000 cap on international cash transf...
Texas Sheriff Breaks Open Crypto ATM, Seizes $32K—Is This the End for Bitcoin ATM Privacy?

Texas Sheriff Breaks Open Crypto ATM, Seizes $32K—Is This the End for Bitcoin ATM Privacy?

A sheriff’s swift crackdown on a Bitcoin ATM scam has reignited debate over law enforcement’s reach in the crypto space. The post Texas Sheriff Bre...
Washington’s Spokane City Bans Bitcoin ATMs, 11,000 Scam Complaints Received in 2024

Washington’s Spokane City Bans Bitcoin ATMs, 11,000 Scam Complaints Received in 2024

Spokane City Council voted unanimously on an ordinance that eliminates and prohibits crypto ATMs located within the city. The post Washington’s Spo...
Bitcoin ATM Operator CoinFlip Eyes $1B Sale Amid Crypto ATM Industry Shake-Up

Bitcoin ATM Operator CoinFlip Eyes $1B Sale Amid Crypto ATM Industry Shake-Up

CoinFlip, the biggest Bitcoin ATM provider in the U.S., is reportedly looking at a potential sale with hopes of securing a valuation of $1 billion,...