Golden Finance reported that the Federal Trade Commission (FTC) released data showing that consumers' financial losses in Bitcoin ATM fraud have increased dramatically. Since 2020, this amount of loss has increased nearly tenfold. The latest data released by the FTC focuses on the fact that Bitcoin ATM fraud caused more than $65 million in fraud losses in the first six months of 2024 alone. What is particularly striking is that the elderly over 60 are more than three times more likely to suffer losses in these scams than younger adults. Looking at the full year, the average loss reported by consumers in the first half of this year was as high as $10,000.