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Stock impact report

The Year in Bitcoin and Crypto ATMs 2025: Power Tools, Scams and Calls for Action [Yahoo! Finance]

Bitcoin Depot Inc. - Class A (BTM) 
Company Research Source: Yahoo! Finance
Some officials took matters into their own hands with power tools, while two attorneys general brought lawsuits against several of the biggest firms in the space. Meanwhile, agencies and other entities issued consumer alerts addressing the elderly. Crypto ATM operators say their machines provide a valuable service, allowing anyone to buy digital assets like Bitcoin with physical cash. However, critics argue that these firms could do more to prevent older Americans from losing funds to scams—even if that's bad for business. Last year, Americans reported $246 million in losses from crypto ATMs to the Internet Crime Complaint Center, a 99% increase compared to the year prior, according to an annual report . Around 43% of those losses stemmed from Americans over the age of 60. The scam is fairly straightforward: Older Americans are withdrawing cash from their bank accounts, converting it into crypto using operators' machines, and then sending it to people who are impersonating the Show less Read more
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