GREEN BAY, Wis. (WBAY) - The FBI says people lost nearly $250 million to cryptocurrency ATM scams in 2024.
That’s more than double the previous year.
People are losing thousands of dollars a day at cryptocurrency machines through romance scams, impostor scams or financial scams.
An investigation by ABC’s Good Morning America showed a police lieutenant and a bystander helping a woman being scammed.
Fran Bates was loading tens of thousands of dollars of her life savings into a Bitcoin ATM when she was approached.
Lt. James Stewart: “Can I talk to you for a second?”
Woman: “Please, I have the bank on the phone.”
Lt. Stewart: “OK, let me talk to who you’re talking to.”
Woman: “And I’m in danger.”
Lt. Stewart: “OK, stop putting money in there.”
Caller: “This is the security team