Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

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 ...

The Federal Bureau of Investigation revealed that scammers have defrauded Americans of more than $300 million in 2025 through Bitcoin (CRYPTO:BTC) ATMs, according to a report published on Tuesday.

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 they ...

Based on FBI data, the threat of scam-related losses involving cryptocurrency ATMs and kiosks has been growing with 10,956 complaints filed and $246.7 million in stolen money reported in 2024. Critics ...

Brian Schwalb, Attorney General for the District of Columbia, recently filed a lawsuit against Athena Bitcoin Inc, a company that operates more than 4,000 Bitcoin ATMs across the country. The lawsuit ...