I hit the panic button and let my panic take control of my good judgment," Buentello said.This week, a group of U.S. senators introduced the Crypto ATM Fraud Prevention Act aimed at cracking down on crypto ATM scams with federal regulations.

An 80-year-old man from Grand Prairie was scammed out of $5,000 through a Bitcoin ATM after receiving a fraudulent call. This incident highlights the vulnerability of many Americans to such scams. In response,

Iowa Attorney General Brenna Bird announced lawsuits Wednesday against Bitcoin Depot and CoinFlip, the state’s two largest cryptocurrency ATM operators, alleging their failures allowed scammers to steal millions of dollars from Iowans.

As interest in cryptocurrency increases in the United States, the number of ATMS which facilitate cryptocurrency transactions is as well.

While crypto ATM fraud remains a growing issue, Bitcoin ATMs continue to expand, signaling increasing adoption despite regulatory uncertainty.

Iowa Attorney General Brenna Bird announced in a press conference Wednesday that she will be filing lawsuits under the Iowa Consumer Fraud Act against Bitcoin Depot and CoinFlip, the two most popular cryptocurrency ATM companies in Iowa,

Attorney General Brenna Bird is looking to take on crypto-currency scams. Her efforts to safeguard Iowa wallets and the message of caution from a victim.