1 / 1 Relevant items tagged with #FinancialImpact

Posts: 2

Posts

FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket

[Sep 6 2:30 AM] The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve…