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Washington DC Attorney General Sues Bitcoin ATM Operator for Predatory Practices

Summary: According to reports, Washington DC Attorney General Brian Schwaab filed a lawsuit on September 8, 2025 against Bitcoin ATM operator Athena Bitcoin, Inc., accusing the company of illegally profiting from financial scams targeting elderly and vulnerable groups. Investigations revealed that 93% of deposits in Athena's Bitcoin ATMs in the district were directly linked to scams, ...

According to reports, Washington DC Attorney General Brian Schwaab filed a lawsuit on September 8, 2025 against Bitcoin ATM operator Athena Bitcoin, Inc., accusing the company of illegally profiting from financial scams targeting elderly and vulnerable groups.

Investigations revealed that 93% of deposits in Athena's Bitcoin ATMs in the district were directly linked to scams, with a median victim age of 71. The company is accused of charging up to 26% in hidden transaction fees (far above the industry standard of 0.24%-3%) and enforcing a strict 'no refund' policy for scam victims. The Attorney General's office is demanding that Athena comply with the law, compensate victims, and face penalties.

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