Bitcoin Atm Scams Skyrocket – Week In Security With Tony Anscombe

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The schemes disproportionately victimize elder citizens, arsenic those aged 60 aliases complete were much than 3 times arsenic apt arsenic younger adults to autumn prey to nan scams

06 Sep 2024

Consumers successful nan United States mislaid much than $114 cardinal to scams involving Bitcoin ATMs (BTMs) past year, pinch nan fig soaring ten-fold from 2020, according to data released by nan United States' Federal Trade Commission (FTC) this week. As consumers mislaid $65 cardinal to these ploys successful nan first half of 2024 alone, this twelvemonth is connected way to apical nan losses from 2023. The FTC besides recovered that nan scams disproportionately victimize older people, arsenic those aged 60 aliases complete were much than 3 times arsenic apt arsenic younger adults to study a nonaccomplishment utilizing a BTM.

How do these scams activity and really tin you enactment safe from them? Find retired successful nan video.

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