Blockchain investigator ZachXBT said an elderly U.S. scam victim paid $25,000 for 0.232 BTC at a Bitcoin Depot ATM using a quoted price far above the market rate.
ZachXBT warned users against Bitcoin Depot ATMs after citing a case in which an elderly U.S. scam victim paid $25,000 for 0.232 BTC at a quoted Bitcoin price of $108,000 per coin, while he said the market price was about $75,000. Based on those figures, the transaction implied roughly $7,500 in overpayment. He also referenced a recent hack involving 54 BTC, which he valued at about $3.26 million. The disclosure draws attention to concerns over Bitcoin ATM pricing and broader security risks tied to crypto-related incidents.