by Steven Weisman, Esq. | May 26, 2026 | Scam of the day
A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in money lost to scammers through cryptocurrency ATMs in the last three years. Bitcoin and other cryptocurrency ATMs look just like traditional ATMs, but instead of distributing cash, they...
by Steven Weisman, Esq. | May 20, 2026 | Scam of the day
A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in money lost to scammers through cryptocurrency ATMs in the last three years. Bitcoin and other cryptocurrency ATMs look just like traditional ATMs, but instead of distributing cash, they...
by Steven Weisman, Esq. | Mar 24, 2026 | Scam of the day
In the Scam of the day for January 15, 2026 I told you that the Maine Bureau of Consumer Credit Protection had announced a settlement with the cryptocurrency company Bitcoin Depot related to Maine residents who had used Bitcoin Depot’s Bitcoin ATMs to transfer...
by Steven Weisman, Esq. | Mar 3, 2026 | Scam of the day
A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in money lost to scammers through Bitcoin ATMs in the last three years with consumers reporting losses of around $333 million between January and November of 2025. Bitcoin and other...
by Steven Weisman, Esq. | Jan 28, 2026 | Scam of the day
A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in money lost to scammers through Bitcoin ATMs in the last three years with consumers reporting losses of more than $65 million in just the first six months of 2024. Bitcoin and other...