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Retailers keep cashing in on crypto ATMs as scams surge

Retailers keep cashing in on crypto ATMs as scams surge

In December 2024, criminals stole thousands of dollars from Steve Beckett at a Circle K convenience store in Indiana. The robbery happened in broad daylight.

The thieves didn’t use a gun or a knife. There was no getaway car. The instrument of the crime was a machine, much like an ATM, owned by Bitcoin Depot and placed in the convenience store as part of a nationwide agreement with Circle K.

Beckett, 66 at the time, had been paying bills at home when his computer froze and a message directed him to call what turned out to be a phony Microsoft service hotline.

On the phone, a man named “Josh” told Beckett that someone had hacked his computer and used his credit cards and bank accounts to purchase child pornography….

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