Scammers turn to unregulated Bitcoin ATMs to steal millions | I-Team

Name: Scammers turn to unregulated Bitcoin ATMs to steal millions | I-Team
Uploaded: 2025-01-21T22:12:00-0600
Duration: 7 min 28 s
Description: Bitcoin ATMs are becoming increasingly common, popping up in gas stations, convenience stores, smoke shops and grocery stores. Five years ago, there were roughly 1,000 cryptocurrency ATMs in Texas. Today, there are nearly 4,000. The machines offer a legitimate and easy way to buy cryptocurrency, but with convenience comes risk.

Bitcoin ATMs are becoming increasingly common, popping up in gas stations, convenience stores, smoke shops and grocery stores. Five years ago, there were roughly 1,000 cryptocurrency ATMs in Texas. Today, there are nearly 4,000. The machines offer a legitimate and easy way to buy cryptocurrency, but with convenience comes risk.