The top city prosecutor in Washington, D.C., claims an ATM provider is enabling a crypto scam where victims think they're protecting their money by buying bitcoin. One woman says she was a victim of the scam.
Breakdown
- Diane Reynolds was targeted by a scam after a fake security warning appeared on her computer. 7s
- She withdrew $13,100 and deposited it into a Bitcoin ATM operated by Athena Bitcoin, following the scammer's instructions. 36s
- Athena Bitcoin operates over 4,000 crypto ATMs and is accused of not preventing scams targeting seniors. 1m 3s
- The Washington DC Attorney General is suing Athena Bitcoin for allegedly failing to implement anti-fraud measures and profiting from scams. 1m 17s
- Athena Bitcoin denies the allegations, stating it uses aggressive safety protocols and warnings. 2m 9s