Scammed Twice: Part 1, The Crypto ATM Gets Its Cut
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Scammed Twice: Part 1, The Crypto ATM Gets Its Cut
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In Part One of Scammed Twice, we move past the emotional manipulation and into the machinery that quietly profits from it. This episode exposes how cryptocurrency ATMs have become a critical—and largely unregulated—link in the scam pipeline.
I walk you through exactly what happened when I was directed to a Bitcoin ATM, how much these machines take from victims in fees, and why scammers rely on them so heavily. We examine who actually uses crypto ATMs, what companies claim about their purpose, and what state investigations are beginning to uncover about how often these machines are tied to fraud.
This isn’t about bad decisions or lack of intelligence. It’s about systems designed without meaningful safeguards—and the people who pay the price.
Part One lays the groundwork. In Part Two, we’ll pull back the curtain even further.
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