Consumer protection agency recovers nearly $2 million that Mainers lost to Bitcoin kiosk scams

The state office that oversees consumer finance protection has come to an agreement with a cryptocurrency operator that will ...
Cryptopolitan on MSN

Maine has secured a $1.9 million settlement from Bitcoin Depot to refund scam victims

The Maine Bureau of Consumer Credit Protection (BCCP) has announced that it has been able to secure a consent agreement with ...
Central Maine

Maine secures $1.9M settlement for bitcoin kiosk scam victims

Bitcoin Depot has agreed to refund money that was taken through its kiosks by third-party scammers who defrauded Maine ...
The Daily Overview on MSNOpinion

FBI: Bitcoin ATM scams hit a record $333M

Bitcoin ATMs were supposed to make digital money as easy as grabbing cash from a corner machine. Instead, they have become ...
kcra.com

No, the CFPB is not handing out cash to people scammed on Zelle and Cash App | Consumer Reports

Free money from Zelle or Cash App—just for filling out a government form? That’s what some TikTok videos claim. But Consumer Reports has a warning: it’s not a windfall—it’s simply not true.Victims of ...
Indy Week

NC Officials, Former CFPB Director Talk Scams, Fraud, and Consumer Protection in the Trump Era

Protesters rallying to save the Consumer Financial Protection Bureau (CFPB) in Raleigh earlier this year. Credit: Photo by Lena Geller North Carolina Secretary of State Elaine Marshall sat at the ...
Jacobin on MSNOpinion

Digital Robbery Scams Are on the Rise

Financial fraud has exploded in the past few years, with consumers reporting more than $12.5 billion in losses in 2024.