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BREAKING: You Won’t Believe the SHOCKING Truth About Those ‘Convenient’ Bitcoin Machines That Are Probably Just Stealing Your Money Right Out From Under Your Nose!!!

A comic illustration depicting a group of unsuspecting people gathered around a row of cryptocurrency ATMs in a convenience store. One person is seen inserting money into the machine, while another looks on with a worried expression. In the background, a sly figure lurks behind one of the machines, hinting at potential scams and financial losses.

FTC Warns: Bitcoin ATMs are Scams Waiting to Happen – Because Who Needs Regulation Anyway?.

Source: bitcoin.com

The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older adults, with significant financial impact. The Federal Trade Commission (FTC) published a consumer protection data spotlight on Tuesday highlighting the surge in fraud […]

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