Bitcoin ATMs allow users to purchase and sometimes sell bitcoin for cash in physical locations around the world. What Is A Bitcoin ATM? A Bitcoin ATM is a machine that buys or sells bitcoin for cash.

Bitcoin ATMs let users buy crypto with cash, bypassing banks. Transactions at Bitcoin ATMs have high fees, ranging from 9% to 20%. Operators must comply with U.S. anti-money laundering laws. Image ...

Diane Reynolds, a Maryland retiree who lost more than $13,000 in a bitcoin scam, wants to help others avoid getting ripped off.

There has been a "massive" surge in the amount of money consumers have lost to scams involving Bitcoin ATM machines, according to the Federal Trade Commission (FTC). The amount of money lost has ...

Washington, D.C., Attorney General Brian Schwalb has bemoaned the growing rate of Bitcoin ATM scams in the United States.

No one − repeat, no one − needs to be so fearful that they're stuffing tens of thousands of dollars in a box and standing at home or in a parking lot waiting for a stranger to pick up the cash to ...

Bree Fowler writes about cybersecurity and digital privacy. Before joining CNET she reported for The Associated Press and Consumer Reports. A Michigan native, she's a long-suffering Detroit sports fan ...

Police warn Bitcoin ATM scams have cost victims millions as fraudsters trick pensioners into depositing life savings in machines across the United States.