2025-12-31 02:48:08

A recent eye-catching statistic—by 2025, Americans will have lost over $333 million due to Bitcoin ATM scams. This is significantly higher than in previous years and warrants caution.

Why have Bitcoin ATMs become a "weapon" in the hands of scammers? The key lies in their mechanism. These ATMs allow users to quickly exchange cash for crypto assets, directly transferring to any digital wallet. It sounds very convenient, but the problem is—once the transaction is completed, the money is almost impossible to recover. This makes them an ideal tool for scam gangs.

Law enforcement is also taking action. The Washington D.C. prosecutor's office has filed a lawsuit against major Bitcoin ATM operator Athena, attempting to curb this risk by cracking down on unscrupulous operators. But based on this figure, the problem continues to escalate.

A straightforward piece of advice: before conducting any transaction via ATM, think carefully. Verify the other party's identity and whether the transaction purpose is legitimate. Don't be blinded by promises of high returns. After all, once you hit confirm, your assets are on the chain with no undo button.

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ImpermanentPhobia

· 2h ago

333 million dollars just gone, oh my god, these scammers are really ruthless Once it's on the chain, there's no turning back. That's why they choose ATM Don't be fooled by high returns, wake up everyone Why didn't I hear about so many people getting scammed before? Now it's so rampant Athena has been sued but continues, law enforcement simply can't keep up

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PseudoIntellectual

· 2h ago

333 million? Damn, that number makes my scalp tingle. Honestly, on-chain transfers are a one-way street with no way to regret. Those people are really ruthless. Is ATM fraud now so rampant? It feels like everyone around is learning their lesson. I can't understand how people still throw money into this black hole. It's terrifying, a small mistake in operation and the money is gone, even more ruthless than the stock market.

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SandwichVictim

· 2h ago

3.33 billion? Oh my god, this is the most outrageous number I've heard this week. --- Once it's on the chain, there's no playing around. Isn't that common sense? Why are so many still falling for it? --- Athena was sued but still cut the leeks. The law enforcement effort is quite intense. --- Don't tell me someone really believes in those "get rich overnight" scams next to ATMs. Just thinking about it hurts. --- $3.33 billion. If this money flows into someone's wallet, I really want to know. --- The most cowardly are those scam gangs, insisting on using tools like ATMs that can't be traced or recovered, which just makes them look really amateurish. --- So now even withdrawing funds has to be worried about getting cut? The crypto world is really getting more and more dangerous.

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BearMarketMonk

· 2h ago

$333 million, how many people must have been deceived... But to be honest, once you confirm with one click, there's no way to undo it. This design is really brilliant.

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