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FBI: Bitcoin ATM scams hit a record $333M
Bitcoin ATMs were supposed to make digital money as easy as grabbing cash from a corner machine. Instead, they have become one of the fastest growing tools for fraud, with the FBI now tying them to a ...
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. There’s a remarkable new report from the CNN Investigates team about crypto ATMs, ...
Bitcoin was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...
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