Category: Crypto Scams
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...
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...
Crypto Scams Are A Genuine Problem. Better KYC Is The Fix.
August 26, 2019
The cryptocurrency industry is faced with numerous unique challenges. But the most consequential is the need to demonstrate legitimacy, particularly to increasingly hawkish regulators...
Crypto Classifieds Scams: How To Spot A Craigslist Scam
July 15, 2019
Cryptocurrency theft has been on the rise for years with crypto scams climbing to $1.2 billion in the first quarter of 2019 according to...
Cryptocurrency Romance Scams Are Becoming A Serious Problem. Here’s What You Can Do
June 17, 2019
It’s an unfortunate reality that the cryptocurrency space has its fair share of scams, including romance scams. According to data from the Federal Trade...
IRS Scams Target Cryptocurrency: What ATM Operators Need To Know
February 11, 2019
Financial criminals and con artists are constantly evolving their methods, finding new, innovative ways to steal your information, your identity, and your hard-earned money....
