Eight people were scammed out of $100,000 in less than a week after being targeted by fraudsters claiming to be with the Canada Revenue Agency, according to the Waterloo Regional Police Service.

The company has filed for bankruptcy amid legal scrutiny over allegations its ATMs were used to facilitate fraud.

Canada has announced plans to ban cryptocurrency ATMs nationwide. The move, unveiled in Canada's Spring Economic Statement on ...

With regulators cracking down on the cash-to-cryptocurrency kiosks in a bid to stop scammers, Bitcoin Depot has said that its business model is no longer viable.

Alex Holmes, who has led the company since March, cited “stringent compliance obligations” from states, increasing litigation ...

Bitcoin Depot was the largest network of bitcoin kiosks in North America, but saw its revenue crater after increased scrutiny.

Bitcoin Depot, once the largest Bitcoin ATM operator in North America with 9,276 kiosks across the U.S., Canada, and Australia, has filed for Chapter 11 bankruptcy protection and news says its ...

ATM network in North America. These ATMs gained popularity quickly after they launched in the summer of 2016, but this ...

BUCKS CO., Pa. (WPVI) -- Crypto scammers are increasingly using what are called Bitcoin ATMS to carry out their cons. Bitcoin ATMs don't operate like a traditional ATM. Instead of withdrawing money, ...

Bitcoin Depot BTM, one of the world’s largest operators of Bitcoin BTC ATMs, said on Monday it has initiated a voluntary ...