The post DC Attorney General alleges Athena Bitcoin may have charged undisclosed fees and lacked safeguards amid spike in crypto ATM fraud appeared on BitcoinEthereumNews.com.

Athena Bitcoin is accused of charging undisclosed fees at crypto ATMs and failing to stop fraud, with Washington, DC alleging 93% of deposits were scam-related, median victim age 71 and median loss $8,000; the suit seeks restitution and injunctions against the operator. Athena allegedly charged up to 26% in undisclosed transaction fees. Washington, DC says 93% of early deposits were tied to scams and targeted vulnerable adults. FBI reports nearly 11,000 crypto ATM complaints in 2024 totaling $246 million in losses. Athena Bitcoin undisclosed fees: DC sues crypto ATM operator over alleged hidden fees and scam facilitation — learn the risks and how to protect yourself. Washington, DC Attorney General Brian Schwalb alleges Athena Bitcoin charged undisclosed fees and lacked safeguards to stop fraud and scams at its crypto ATMs. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); The Attorney General’s office in Washington, DC, has filed suit against crypto ATM operator Athena Bitcoin, alleging it charged undisclosed fees on deposits the company knew were tied to scams and failed to implement adequate anti-fraud measures. The complaint states that during Athena’s first five months operating in DC (May–September 2024) the vast majority of deposits were scam-related, and that Athena’s no‑refund policy prevented victims from recovering alleged hidden fees and losses. Source: Brian Schwalb What is the DC lawsuit against Athena Bitcoin about? Athena Bitcoin lawsuit alleges the operator charged…

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Filed under: News - @ September 10, 2025 7:28 am