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Bitcoin and crypto ATM scams

Cryptocurrency Scams Targeting Seniors

Scammers love cryptocurrency, like Bitcoin, because once it’s sent it’s almost impossible to get back. Many scams now end with a request to put cash into a Bitcoin or crypto ATM at a store or gas station.

Warning signs

  • Anyone telling you to pay with Bitcoin or another cryptocurrency
  • Being told to take cash to a Bitcoin ATM and scan a QR code they send you
  • Someone staying on the phone while you withdraw cash or use the machine
  • A “government agent,” bank or tech support caller who wants crypto
  • An online friend or coach promising big crypto profits

What to do

  1. Stop. No real business or government agency will ask you to pay in cryptocurrency.
  2. Hang up and call someone you trust before you go to any machine.
  3. Never scan a QR code someone sends you to make a payment.
  4. Report it to the FBI at ic3.gov.
  5. Beware “recovery” offers. Anyone who promises to get your crypto back for a fee is another scammer.
  6. If you already paid or shared information, see what to do right now.

Talk to us before you pay, click or share anything

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