why cryptocurrency ATMs are used in imposter scams

Scam of the day – March 4, 2026 – Massachusetts Becomes Latest State to Sue Cryptocurrency ATM Company

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...

why cryptocurrency ATMs are used in imposter scams

Scam of the day – March 4, 2026 – Massachusetts Becomes Latest State to Sue Cryptocurrency ATM Company

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