Search

Home > ABC News Daily > Why crypto ATMs are a scammer’s best friend
Podcast: ABC News Daily
Episode:

Why crypto ATMs are a scammer’s best friend
Category: News & Politics
Duration: 00:15:33
Publish Date: 2025-11-09 15:00:00
Description:

We want to hear from you! Please complete our survey: 2025 ABC News Daily Audience Survey

You may have noticed a crypto ATM in the corner of a shopping centre or in a convenience store. 

There are thousands of them, tapping into investor’s interest around booming markets for bitcoin and other cryptocurrencies.

But increasingly crypto ATMs are being used by criminals to launder money and to scam Australians out of millions of dollars.

Today, business reporter Rhiana Whitson on why feeding cash into a crypto ATM can be so risky and why there’s so little regulation of the market. 

Featured: 

Rhiana Whitson, ABC business reporter
Total Play: 0

Some more Podcasts by Australian Broadcasting Corporation

900+ Episodes
AM 200+     30+
700+ Episodes
PM     3
1K+ Episodes
AM full epis .. 10+     3
500+ Episodes
Dr Karl on t .. 500+     40+
1K+ Episodes
Late Night L ..     3
1K+ Episodes
Conversation .. 1K+     100+
40+ Episodes
The Sammy J ..    
200+ Episodes
Roy and HG - ..     2