RCMP’s ATM scam alert echoes a pattern US regulators know well
The Sherwood Park News reports that the RCMP has issued a warning after a Bitcoin ATM scam in its jurisdiction. The feed summary gives no dollar figu…
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Washington’s CoinFlip Case Tests State Licensing With Teeth
Washington state regulators are seeking to bar CoinFlip from holding a money transmitter license in the state and are pursuing a penalty of $1.03 mil…
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Is a Bitcoin ATM Ever Worth It for a Small Purchase?
Put $20 into a Bitcoin ATM and you should expect to lose close to $4 of it before that Bitcoin ever reaches your wallet. That is not a worst-case scenar…
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Who Actually Operates the Bitcoin ATMs Near You
Walk up to a Bitcoin ATM inside a gas station or a smoke shop and the machine itself won’t tell you much about who’s actually responsible for it. The co…
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Inmate ATM scam case shows the real risk isn’t the machine
According to ATM Marketplace , a Georgia inmate is accused of running a scam involving a cryptocurrency ATM. The feed summary we were given carries n…
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Why Two Bitcoin ATMs a Mile Apart Charge Different Rates
A Bitcoin ATM inside a gas station on one corner can charge a buyer a different rate than a machine sitting in a laundromat down the street, even if bot…
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How to Check a Bitcoin ATM’s Fee Before You Put Cash In
A Bitcoin ATM shows you its exchange rate before you feed in a single dollar, but the screen buries it between logos and QR codes, and most people tap t…
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Fake-official Bitcoin ATM scams don’t stop at the border
The WestCentralOnline reports that RCMP in Lloydminster are warning residents about a Bitcoin ATM scam in which callers pose as government officials …
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What Percentage Does a Bitcoin ATM Charge?
A Bitcoin ATM in the US charges a median of 16 percent to buy Bitcoin and a median of 15 percent to sell it, according to the Federal Reserve Bank of Ka…
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Texas fraud data confirms what our own directory checks found
According to Hoodline , Texas now leads the country in Bitcoin ATM fraud complaints, and consumer advocates in the state are pushing for new protecti…
