By Anthony • October 14, 2025 5:33 pm •
You might have seen these in your local gas stations.
A new investigative report by CNN has revealed, Bitcoin ATM companies have been profiting off of scams and high transaction fees.
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In the report, it was revealed, scammers have reached out to potential victims and have falsely told them to deposit money into the Bitcoin ATM to cover an urgent bill.
The scammer would then tell the victim to send Bitcoin to their wallets.
CNN reported on the rise of Crypt ATM scams exclusively:
The victims were led to the Arizona convenience store by an increasingly familiar scam: Crooks had tricked them into believing they were in legal trouble, their bank accounts were hacked or that
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