Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
A recent eye-catching statistic—by 2025, Americans will have lost over $333 million due to Bitcoin ATM scams. This is significantly higher than in previous years and warrants caution.
Why have Bitcoin ATMs become a "weapon" in the hands of scammers? The key lies in their mechanism. These ATMs allow users to quickly exchange cash for crypto assets, directly transferring to any digital wallet. It sounds very convenient, but the problem is—once the transaction is completed, the money is almost impossible to recover. This makes them an ideal tool for scam gangs.
Law enforcement is also taking action. The Washington D.C. prosecutor's office has filed a lawsuit against major Bitcoin ATM operator Athena, attempting to curb this risk by cracking down on unscrupulous operators. But based on this figure, the problem continues to escalate.
A straightforward piece of advice: before conducting any transaction via ATM, think carefully. Verify the other party's identity and whether the transaction purpose is legitimate. Don't be blinded by promises of high returns. After all, once you hit confirm, your assets are on the chain with no undo button.
---
Basically, once you press confirm, there's no regret pill. On-chain transfers are truly unbeatable, a paradise for scam teams.
---
Why are Americans still being scammed by ATMs? Isn't this just a big fool? Is it so hard to do some homework?
---
Even if Athena is sued, it doesn't help. The problem lies with the users themselves. Don't be tempted by returns and end up getting scammed.
---
I'm just wondering, why are some people still sending money to strangers via ATM? How clueless can they be?
---
Over 300 million... You really dare to spend money. This amount is enough to build a Web3 regulatory system.
---
Once on-chain, it can't come back. Isn't that common sense? Yet, articles are still written to remind people, it's truly speechless.
---
Law enforcement is chasing from behind, scammers are running ahead, the ending is already written.
---
The problem with ATMs isn't the machine itself, but the greedy minds of people.
Once it's on the chain, there's no turning back. That's why they choose ATM
Don't be fooled by high returns, wake up everyone
Why didn't I hear about so many people getting scammed before? Now it's so rampant
Athena has been sued but continues, law enforcement simply can't keep up
Honestly, on-chain transfers are a one-way street with no way to regret. Those people are really ruthless.
Is ATM fraud now so rampant? It feels like everyone around is learning their lesson.
I can't understand how people still throw money into this black hole.
It's terrifying, a small mistake in operation and the money is gone, even more ruthless than the stock market.
---
Once it's on the chain, there's no playing around. Isn't that common sense? Why are so many still falling for it?
---
Athena was sued but still cut the leeks. The law enforcement effort is quite intense.
---
Don't tell me someone really believes in those "get rich overnight" scams next to ATMs. Just thinking about it hurts.
---
$3.33 billion. If this money flows into someone's wallet, I really want to know.
---
The most cowardly are those scam gangs, insisting on using tools like ATMs that can't be traced or recovered, which just makes them look really amateurish.
---
So now even withdrawing funds has to be worried about getting cut? The crypto world is really getting more and more dangerous.