Cryptonews.com
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17:03 Aug 05, 2025
Bitcoin ATM fraud has cost victims $247 million since 2020, FinCEN has warned, citing scams that hit older adults hardest. With losses rising ten-fold, jurisdictions from California to New Zealand have imposed caps, bans and stricter oversight while federal legislation seeks user safeguards. The post Treasury Issues Urgent Bitcoin ATM Scam Alert After $247M in Victim Losses appeared first on Cryptonews.