Bitcoin ATM Scams Surge 31% in 2024 with $247 Million Losses, Elderly Hardest Hit
The Financial Crimes Enforcement Network (FinCEN) has documented a 31% increase in cryptocurrency kiosk fraud incidents throughout 2024, resulting in nearly $247 million in losses. Regulatory deficiencies and the rapid expansion of Bitcoin ATMs nationwide were identified as key enablers… Read More »Bitcoin ATM Scams Surge 31% in 2024 with $247 Million Losses, Elderly Hardest Hit