Bitcoin ATMs enable cryptocurrency scams, federal prosecutor alleges
Update: 2025-10-31
Description
**Summary:**A retiree from Maryland, Diane Reynolds, fell victim to a bitcoin ATM scam, losing her life savings of $13,100. Scammers tricked her into converting her money into bitcoin using an Athena Bitcoin ATM, which lacks strong fraud prevention measures. The Attorney General of Washington, D.C., Brian Schwalb, filed a lawsuit against Athena Bitcoin, accusing them of profiting from scams by charging high fees. Diane is now suing the company and urging others to be cautious of similar scams, especially those involving bitcoin ATMs and sudden computer or bank account warnings.
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