ATM

For example, some online banks don't allow cash deposits or don't have ATM access.

A scammer persuades a victim to deposit cash into a bitcoin ATM by using a QR code.

“And finally tonight, a bodega was robbed in Brooklyn this week. The burglars shattered the store's front door, emptied the cash register and set fire to the ATM. When asked why –”

He makes small talk about baseball with the security, but the ATM just won’t give him cash.

Scams can also be as straightforward as urging consumers to take cash from their bank accounts and put it into a bitcoin ATM.