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cryptocurrency ATMs
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- 1FBI Most Wanted 'Prometheus' Allegedly Jackpotted ATMs for $40 Million▼Bad Actor "“Prometheus”, one of the FBI’s Ten Most Wanted Fugitives engineered malware that “jackpotted” US ATMs, to the
A fugitive known as "Prometheus", listed among the FBI's Ten Most Wanted, is accused of engineering malware that made US ATMs dispense cash in so-called jackpotting attacks, taking roughly $40 million. Analysts say his transational criminal group, linked to Tren de Aragua, laundered the proceeds through cryptocurrency, which blockchain analysts have traced.
- 2Missouri attorney general targets Bitcoin ATM operators▼Bitcoin ATMs are in Missouri AG’s crosshairs—but they insist they’re not the problem
Missouri's attorney general has put Bitcoin ATM operators under scrutiny, but the companies push back, insisting they are not responsible for the fraud problems being attributed to them. Bitcoin ATMs have increasingly been linked to scams in which victims are told to deposit cash that is converted into cryptocurrency. The dispute over who bears responsibility is now playing out publicly in the state.
- 3Dennis, Massachusetts bans crypto ATMs in Cape Cod first●Dennis approves Cape Cod's first-known crypto ATM ban. Here's why.
The town of Dennis, on Cape Cod, Massachusetts, has approved what is reported to be the region's first-known ban on cryptocurrency ATMs. Local officials moved to prohibit the machines, which allow users to buy and sell digital currency for cash. The ban makes Dennis the first Cape Cod town to take such action, and the decision is drawing attention over concerns about crypto kiosks.