Philadelphia police have uncovered a growing ATM scam involving hidden “trap-door” devices that steal cash from unsuspecting users. At least nine incidents have been reported across the city since mid ...

ATM “jackpotting” schemes are on the rise across the country, according to the Federal Bureau of Investigation. Hackers are exploiting a mix of “physical and software vulnerabilities in ATMs” to get ...

At a 76 gas station in Cary on a sunny Tuesday in May, a shop cashier held a sign with the word “Caution” printed in large red letters. “Did someone send you to this crypto ATM? It’s likely a scam,” ...

Americans have now lost over $333 million to crypto ATM scams, and the FBI says $240 million of that vanished just in the first six months of 2025, which is double what people lost in H1 2024. Spokane ...

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, ...

A cryptocurrency kiosk at a store in Concord, New Hampshire. Amid new consumer alerts about scams, state lawmakers this week passed legislation to combat scams at cryptocurrency ATMs. The House passed ...

As governments seek to ban the machines, bitcoin ATMs remain entwined with cryptocurrency industry's most mainstream players.

In the first six months of 2024, Americans lost $65 million to Bitcoin ATM scams. The machines offer an easy way for people to get into cryptocurrency, and they're increasingly showing up in grocery ...

Bitcoin. By Vladyslav Severyn via iStock for-WMNF News. The Florida Senate is moving forward with a bill targeting cryptocurrency scams. The bill would add more provisions on virtual currency kiosks, ...

To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Cryptocurrency ATM machines are a magnet for scammers who dupe unwitting victims into sending ...