
AiCoin|Sep 09, 2025 01:29
[Washington, D.C. Sues Athena Bitcoin for Alleged Fraud Against Seniors]
The Attorney General of Washington, D.C. has accused Bitcoin ATM operator Athena Bitcoin of long-term negligence toward scams targeting seniors and failing to disclose high fees, allegedly violating the Consumer Protection Procedures Act. Athena operates 4,100 Bitcoin ATMs across five countries and has been accused of engaging in deceptive transactions and financial exploitation. Despite the allegations, Athena's over-the-counter trading stock price rose 8.5% on Monday to $0.02, though it has fallen 83% year-to-date.
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