New data from the Federal Trade Commission shows a massive increase in the amount of money consumers report losing to scammers involving Bitcoin ATM machines. Since 2020, the amount consumers reported losing has increased nearly tenfold to more than $110 million in 2023. NBC News' Christine Romans speaks to one victim who says she lost tens of thousands of dollars.
Aug. 30, 2024.
Entertainment
FTC warns of increase in crypto ATM fraud scams
New data from the Federal Trade Commission shows a massive increase in the amount of money consumers report losing to scammers involving Bitcoin ATM machines. Since 2020, the amount consumers reported losing has increased nearly tenfold to more than $110 million in 2023. NBC News' Christine Romans speaks to one victim who says she lost tens of thousands of dollars.