Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana

Canaccord raised its price target for MicroStrategy stock (MSTR) to $300 from $173, as it keeps a “Buy” rating on the stock. The firm noted that MicroStrategy announced a $21 billion ATM stock offering that management intends to utilize, along with s

BeInCrypto’s comprehensive Europe Crypto Roundup covers the latest news and trends shaping the continent’s crypto landscape. With reporters across key markets like Germany, France, and the UK, we provide in-depth insights into regulatory environment,

A London resident has denied charges of operating an illegal cryptocurrency ATM business and laundering criminal proceeds. The individual is accused of converting £300,000 into digital currencies without Financial Conduct Authority (FCA) authorizatio

Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case repres

Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency tra

The FCA is throwing the book at the head of GidiPlus Limited for operating an ATM network after being denied registration.

The Bitcoin ATM has gained significant popularity recently, especially with the growing adoption of digital assets globally. However, with its rising popularity, concerns are also increasing over its potential impact on crypto security. A recent US F

A US regulator says a former JPMorgan Chase employee has admitted to stealing thousands of dollars from customers’ accounts and from the bank’s ATMs. The Office of the Comptroller of the Currency (OCC) says Roberto Garcia, a former Chase personal ban

A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosu

Coinspeaker FTC: Bitcoin ATM Scams Surged by Massive 1000% in Last Four Years Last year in 2023, the Bitcoin ATM scams resulted in more than $110 million in losses with a majority of the victims particularly from the age group of 60 and more. FTC: Bi

As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures.

The Federal Trade Commission (FTC) is reportedly issuing a warning about crypto ATM scams, noting that victims are losing thousands of dollars in the scheme. According to a new report by NBC News, the regulatory body is warning consumers that bad act

Australia has seen a huge rise in the crypto ATM in the last two years. From merely 67 ATMs 2 years ago, Australia now has almost 1200. This rise puts the country on number three right after the US and Canada. The Numbers Tell the Story Australia had

Habibur Rahman, 37, of East Ham, London, was charged on August 28 by UK authorities with running unregistered cryptocurrency ATMs and money laundering.

Cryptocurrency ATMs typically lack options. Most only allow customers to trade cash in for Bitcoin (CRYPTO: BTC). read more

On August 7, Andy Pickett, Chief Administrative Officer of Butte County, outlined efforts to better regulate Bitcoin ATMs. He also discussed strategies to mitigate fraud risks. Let’s discover more abo

Coin ATM Radar data shows that the global crypto ATMs market is on the cusp of surpassing the peak of 2022. The USA leads with over 32,000 installations, while Canada is second with over 3,000 locatio

North Carolina Attorney General Josh Stein has issued a warning about bitcoin ATM scams, following numerous complaints. The alert outlines tips to avoid such scams, emphasizing caution with unsolicited requests for cryptocurrency payments, online rel