BitAML Blog
Prize scams: What crypto businesses can do to prepare
September 14, 2020
First-time customers attempting to purchase cryptocurrency because they “won the lottery” or some other prize could be victims of a scam in progress. Here’s...
How check-cashing scams could be affecting your customers
September 7, 2020
If you run a crypto business, be on the lookout for signs of check-cashing scams. This old-fashioned fraud is as prevalent as ever. Even...
What is a ‘ticket scam’ and why do cryptos need to understand it?
August 17, 2020
This old-fashioned scam is more prevalent than you think — and your customers could be at risk. If you run a cryptocurrency exchange, kiosk...
How a ‘utility scam’ works and what crypto business owners need to know
August 10, 2020
Americans lose millions in utility scams each year, especially as winter approaches. More scammers are asking for cryptocurrency. BitAML is continuing its blog series...
Why Banks Becoming Crypto Custodians Is Such A Big Story
August 3, 2020
By providing custodian services to consumers, traditional banks have officially entered the cryptocurrency market in a move with far-reaching implications. By now you’ve likely...
The ‘Social Security Administration’ scam cryptos should be aware of
July 27, 2020
The Social Security Administration will never call an individual to demand payment in cryptocurrency or any other form. We explain what to do about...
The ‘family member in danger’ scam explained
July 20, 2020
When consumers receive a call from a ‘family member’ who claims to be in some kind of trouble and is asking for a payment...
Can your employees also be your customers?
July 13, 2020
Bitcoin businesses tend to attract crypto enthusiasts as employees. But does allowing your employees also to be your customers cross an ethical (or legal)...
What every crypto business should do for consumer protection
July 6, 2020
The time has come for entrepreneurs in the bitcoin and cryptocurrency space to implement robust consumer protection protocols. Here’s how. Consumer protection is an...