TechFlow news, January 6th, according to Decrypt, Maine regulators announced a $1.9 million settlement with cryptocurrency ATM operator Bitcoin Depot to compensate consumers harmed by third-party scams. This agreement was reached after a two-year investigation and also grants the company legal operating permission in Maine.
According to FBI data, in 2024, scam losses related to crypto ATMs in the United States reached $246 million, a 99% year-on-year increase, with 43% of the victims being elderly individuals aged 60 and above. Scammers typically induce victims to convert cash into cryptocurrency and send it to the fraudsters' accounts.
Add to Favorites
Share to Social Media
