Lawmakers in United States are calling the top 10 Bitcoin ATM operators on the country to address growing concerns related to crypto frauds targeting elders. They want to hear from the main operators of Bitcoin automatic teller-machines what they are doing to stop this or inform their clients how to be protected when using this machines.
Bitcoin ATM have been the chosen playground by scammers who use this on their benefit to attract and steal funds from people, special elders who think that are dealing with companies official workers ending given them all details that easiest the fraudster to steal from them.
More than $60M were stolen from scams related to Bitcoin ATMs only this 2024 alone. It's estimated that since this kind of frauds begin, more than $2B have been stolen from Bitcoin automatic teller-machines. It's a worrying situation and this lawmakers are right to wanna hear from the BTC ATM operators to get more Intel what they are doing to stop or reduce this, after all, people are falling victims for it. Remember:
CONTENT IS KING!
