Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He started paying his suppliers in bitcoin.
LINCOLN, Neb. (KOLN) — According to the Lincoln Police Department, Lincolnites have lost more than $11 million to scammers since 2021 — including a woman who lost more than $250,000 alone earlier this ...
"While it's clear that cryptocurrency fraud is on the rise, so is our resolve to stop it," Lincoln Police Chief Michon Morrow said.
Durham resident Pamela Mangum is one of the victims. She lost more than $70,000 in a Bitcoin ATM scam. She first spoke to Troubleshooter Diane Wilson in 2024, saying she had never heard of a Bitcoin ...
Arizona’s new law regulating bitcoin ATMs has taken effect, making it the latest state to place new restrictions on virtual currency kiosks in an effort to cut down on predatory scams. Ten states this ...
Authorities estimate someone is falling victim to an old cash grab scheme that's using new technology, every minute in the U.S.
Bitcoin ATMs, which allow users to insert cash and send it to a digital wallet anywhere in the world, are increasingly being used by scammers to dupe Americans.
The Clay County Sheriff's Office is trying to track down a scammer that tricked a local man out of $120,000 over the course of several months.
1. Danvers Eyes Bitcoin ATM Ban Amid Repeated Scam Attempts ( patch.com) — Danvers is considering a ban on Bitcoin ATMs due to scams targeting residents. Police Chief James Lovell reported recent ...
BUCKS CO., Pa. (WPVI) -- Crypto scammers are increasingly using what are called Bitcoin ATMS to carry out their cons. Bitcoin ATMs don't operate like a traditional ATM. Instead of withdrawing money, ...
The FBI said victims lost almost $247 million in crypto ATM schemes in 2024. Now, states are passing laws to protect people from becoming victims.
Jack Dorsey's Block has debuted Square Bitcoin, a service allowing merchants to accept and deal in the leading cryptocurrency.