FTC warns of increase in crypto ATM fraud scams

New data from the Federal Trade Commission shows a massive increase in the amount of money consumers report losing to scammers involving Bitcoin ATM machines. Since 2020, the amount consumers reported losing has increased nearly tenfold to more than $110 million in 2023. NBC News' Christine Romans speaks to one victim who says she lost tens of thousands of dollars.

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https://www.nbcnews.com/nightly-news/video/ftc-warns-of-increase-in-crypto-atm-fraud-scams-218346565944


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