Damus
Sourcenode profile picture
Sourcenode
@Sourcenode
I walked into a convenient store in rural America and saw a BTC ATM near the door.

I touched the screen to check out the interface and the spread. The machine was turned off.

When I asked the clerk about it he said, "We don't want to have anything to do with those scams."

I asked for clarification and he told me that an employee of the store had been social engineered into putting the whole cash register into the machine and sending the BTC to someone over the phone.

He said an elderly man came in with 35K in cash and was feeding it into the machine while talking with someone on the phone. The clerk interrupted the scam and the old man left to go to the other store in town with a BTC ATM.

Luckily the clerk was aware of the other store and called ahead to save the guy from being scammed.

There's no easy solution to these issues.
7
Satillionaire · 33w
This is legit. I’ve know people who’ve fallen for these phone scams
Rojo · 33w
I’ve seen this first hand with family.
josh · 33w
Unfortunately, my grandma was a victim of this scam too. She pulled out $20k and used the machine to send it to a bitcoin address. Incredibly sad.
Ben · 33w
Well known within the industry for many years now that a major use of the atms has been elder fraud, or just fraud in general
jakub · 33w
Bitcoin ATMs are sketchy af, however you look at it.