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12 Nov 2025

Cash to Crypto, Gone: Bitcoin ATM Scam Explained | The Current

Cash to Crypto, Gone: Bitcoin ATM Scam Explained | The CurrentBitcoin ATMs, like the ones shown in this report, have been used by scammers to convert victims’ cash into cryptocurrency — often within minutes — making recovery extremely difficult. In this video I break down how the scam works, why both scammers and ATM operators can profit from these transactions, and what Roanoke residents need to know to avoid becoming a victim. What you’ll see: • Virginia woman pressured to deposit more than $15,000 into a Bitcoin ATM • An explanation who profits •Practical steps you can take if you’re targeted or think you’ve been scammed. If you’re targeted: hang up and call your local police to confirm. If you’ve already made a deposit: contact your local police immediately, and file a report with the FBI’s Internet Crime Complaint Ce

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