Bitcoin ATM Scam Alert 2025 | How Scammers Target Victims & Protect Your Money - video Dailymotion

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Scammers are exploiting Bitcoin ATMs across the U.S. and Australia, targeting unsuspecting victims and stealing millions. In this video, we break down the latest fraud cases, explain how these scams work, and give practical tips to protect yourself. Learn why cash-to-crypto kiosks have become the number one tool for scammers, and what regulators are doing to stop them. Stay alert, stay safe, and never send money to a crypto ATM under pressure  Hashtags   #BitcoinATM #CryptoScam #BitcoinScam #CryptoFraud #BitcoinTips #CryptoSafety #ScamAlert #FinancialSafety #CryptoNews #2025Fraud #CryptoATM #BitcoinWarning #CryptoAwareness #CryptoEducation #ProtectYourMoney #CryptoInvesting #DigitalCurrency #ATMScam #CryptoSecurity #BitcoinFraud  Keywords   Bitcoin ATM scam, crypto ATM fraud, Bitcoin fraud 2025, cryptocurrency scam warning, protect from Bitcoin scam, Bitcoin ATM safety, crypto fraud news, Bitcoin scam victims, cryptocurrency scams, Bitcoin ATM alert Bitcoin ATM fraud cases, crypto scam prevention, crypto ATM warning, digital currency scam, Bitcoin theft protection, cryptocurrency ATM scams, scam awareness 2025, crypto scam news, crypto safety tips, Bitcoin scam alert

Transcript

00:00Scammers are increasingly turning to cash-to-crypto kiosks in a wave of fraud that's alarming

00:06regulators and victims alike.

00:08In the US, the Federal Bureau of Investigation says losses from scams involving so-called

00:13Bitcoin ATMs soared to nearly $250 million in 2024, more than twice the year before.

00:21One typical scenario, an elderly victim receives a fake security alert or urgent phone call,

00:28is pressured to withdraw thousands of dollars in cash, then instructed to feed that cash

00:33into a crypto ATM.

00:35The moment the money is sent, recovery becomes nearly impossible.

00:39In Australia, regulators are sounding similar alarms.

00:42The Australian Transaction Reports and Analysis Centre recently fined a crypto ATM operator

00:49for failing to report large cash transactions and for weak anti-money laundering controls.

00:55A clear indication that these machines are being exploited not just for fraud, but for

00:59organized money laundering.

01:02Investigators found that among the top 90 most active users of crypto ATMs, the vast majority

01:07were victims of scams, not perpetrators, highlighting how vulnerable the general public is.

01:13Consumer advocacy groups are now raising the alarm.

01:16These kiosks have become the number one targeted method for scammers, according to the American

01:21Association of Retired Persons, or AARP.

01:25The key danger?

01:26Once the cash is inserted and sent to a crypto wallet, it is almost impossible to trace or recover,

01:32making it ideal for criminal networks.

01:34Meanwhile, operators are under pressure.

01:37US regulators are suing one provider for allegedly failing to implement anti-fraud measures while

01:42profiting from the high fee transactions used by victims.

01:46What can viewers do right now?

01:48Avoid paying anyone via a crypto ATM in response to an urgent phone call or a computer alert.

01:54If you're an insurer, pause, verify through official sources, and don't act under pressure.

02:00For older adults especially, treat any cash to crypto instruction as a red flag.

02:05With losses soaring and machines multiplying, there are tens of thousands across the US, awareness

02:11is perhaps the best defense.

Bitcoin ATM Scam Alert 2025 | How Scammers Target Victims & Protect Your Money

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