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The company has filed for bankruptcy amid legal scrutiny over allegations its ATMs were used to facilitate fraud.
In June 2024, when Fran Bates entered a Fort Worth-area gas station, she thought the voice on the other end of the phone was from her bank, and she thought a machine where she was in the process of ...
That unassuming kiosk in your local grocery store is a portal to fraud, regulators warn.
Bitcoin was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...
After last month's Watchdog report on the Fort Worth woman conned into depositing $10,000 into a convenience store's bitcoin ATM, several readers reached out wanting to learn more. They wanted to know ...
Alex Holmes, who has led the company since March, cited “stringent compliance obligations” from states, increasing litigation ...
To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Cryptocurrency ATM machines are a magnet for scammers who dupe unwitting victims into sending ...
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