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As crypto grows in popularity, so do Bitcoin ATMs. Sightings may point to a link between physical and digital assets, but beware of BTM scams.
Digital currency is going local. Not too long ago, crypto used to feel like the domain of tech enthusiasts and financial outliers.
Scammers like using Bitcoin ATMs because it’s almost impossible for victims to recover their money. Heed these tips from the Better Business Bureau.
Consumer losses in bitcoin ATM scams skyrocketed nearly tenfold to $114 million annually between 2020 to 2023, according to data from the Federal Trade Commission.