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FTC: Over $110 Million Lost to Bitcoin ATM Scams in 2023
Trends, Reports, Analysis
September 04, 2024
Bleeping Computer
The most common scams involve government impersonation, business impersonation, and tech support, where scammers persuade victims to withdraw cash from their bank accounts and deposit it into Bitcoin ATMs.
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Federal Trade Commission (FTC)
Bitcoin ATM Scams
Cybercrime Losses
United States
Government Impersonation Scams
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