The company has filed for bankruptcy amid legal scrutiny over allegations its ATMs were used to facilitate fraud.
With regulators cracking down on the cash-to-cryptocurrency kiosks in a bid to stop scammers, Bitcoin Depot has said that its business model is no longer viable.
Massachusetts residents lost millions in crypto ATM fraud last year ...
Bitcoin Depot was the largest network of bitcoin kiosks in North America, but saw its revenue crater after increased scrutiny.
DES MOINES, Iowa — Iowans are getting ripped off at a place we all use. It's got the attention of the state's top cop who said Wednesday the scam has to stop. "Do not put money into a crypto ATM, ...
Nasdaq-listed Bitcoin Depot enters Chapter 11 bankruptcy and takes its entire Bitcoin ATM network offline amid regulatory ...
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Missouri's top prosecutor accused Bitcoin ATM operator CoinFlip of “knowingly facilitating fraudulent transactions.” ...
Bitcoin Teller Machines (BTMs) are transforming how people access and transact with cryptocurrency. These machines bridge the gap between the digital and physical worlds, offering an intuitive and ...
Bitcoin was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...