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Home / Technology / Bitcoin Depot has introduced ID verification protocols to help prevent the ongoing issue of bitcoin ATM fraud.
Bitcoin Depot has introduced ID verification protocols to help prevent the ongoing issue of bitcoin ATM fraud.

Bitcoin Depot has introduced ID verification protocols to help prevent the ongoing issue of bitcoin ATM fraud.

2025-10-08  Per Henrikson

Bitcoin ATM scams have skyrocketed in recent years, with the FBI reporting losses of $246.7 million in 2024. These scams have drawn the attention of both local governments and attorney generals, with Brian L. Schwalb, attorney general for Washington, D.C. recently filing a lawsuit against Athena Bitcoin for allegedly financially exploiting senior citizens. Source: https://www.atmmarketplace.com/news/bitcoin-depot-embraces-id-verification-to-combat-bitcoin-atm-fraud/


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