The US FTC says that the money lost to Bitcoin ATM scams increased from $12M in 2020 to $114M in 2023, and $65M has already been lost in the first half of 2024 (Emma Roth/The Verge)

2 months ago 7

Emma Roth / The Verge:
The US FTC says that the money lost to Bitcoin ATM scams increased from $12M in 2020 to $114M in 2023, and $65M has already been lost in the first half of 2024 — People are losing a lot more money to Bitcoin ATM scams. In a report released Tuesday, the Federal Trade Commission said it's found …

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