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Category ATMs

$400,000 Extracted From ATMs Across New York As Criminals Hit Banks in Sophisticated Scheme: Report

$400,000 Extracted From ATMs Across New York As Criminals Hit Banks in Sophisticated Scheme: Report

The US Department of Justice says it’s apprehended six men accused of stealing over $400,000 from ATMs in New York. The men allegedly used a device...
Oct, 19, 2024
2 min read
by The Daily Hodl
UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs

UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs

Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto t...
Sep, 10, 2024
by CoinDesk
JPMorgan Chase Customers Extract Cash From ATMs Using Supposed Bank ‘Glitch’ – And Immediately Regret It

JPMorgan Chase Customers Extract Cash From ATMs Using Supposed Bank ‘Glitch’ – And Immediately Regret It

An illicit method of extracting cash from JPMorgan Chase ATMs is going viral. Posts and videos are spreading across social media of a supposed “gli...
Sep, 01, 2024
2 min read
by The Daily Hodl
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs

Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs

Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a ne...
Aug, 29, 2024
by CoinDesk
German Authority Seizes 13 Unauthorized Crypto ATMs

German Authority Seizes 13 Unauthorized Crypto ATMs

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 off...
Aug, 21, 2024
by Bitcoin News