Athena Bitcoin

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Athena Bitcoin
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Athena Bitcoin is a cryptocurrency company that operates over 4,000 bitcoin ATMs in the United States. [1] Athena Bitcoin, Inc. is owned by Athena Bitcoin Global and traded as ABIT:PKC. [2]

In 2021, Athena Bitcoin planned to invest over $1 million to gradually install approximately 1,500 cryptocurrency ATMs across El Salvador to facilitate Bitcoin transactions, especially for handling remittances. [3]

An Athena Bitcoin ATM in El Zonte, El Salvador Cajero Bitcoin Athena El Salvador.jpg
An Athena Bitcoin ATM in El Zonte, El Salvador

Lawsuits

In 2025 Brian Schwalb, Attorney General for the District of Columbia sued Athena Bitcoin alleging that 93% of deposits in the first six months of the company opening in DC were fraud related. [4] Athena Bitcoin responded saying they have strong safeguards in place. [5] They operate 138 ATMs in Maryland, where another lawsuit is taking place. [6] They charge fees of up to 26%. [4] They are also being sued by AML Software who is accusing the Bitcoin ATM operator of trying to steal its source code. [7]

References

  1. ↑ "Bitcoin ATMs enable cryptocurrency scams, federal prosecutor alleges - CBS News". www.cbsnews.com. 2025-10-31. Retrieved 2025-11-05.
  2. ↑ "Athena Bitcoin Global, ABIT:PKC summary - FT.com". markets.ft.com. Retrieved 2025-11-05.
  3. ↑ "Athena says will install 1,500 cryptocurrency ATMs in El Salvador".
  4. 1 2 "DC sues crypto ATM operator for 'exploiting' residents". WJLA. Retrieved 2025-11-05.
  5. ↑ "Americans are losing millions to scammers at crypto ATMs. Here's how companies profit". www.cnn.com. Retrieved 2025-11-05.
  6. ↑ Round, Ian (2025-04-25). "Bitcoin ATM operator sued in MD for alleged elder financial abuse". Maryland Daily Record. Retrieved 2025-11-05.
  7. ↑ "Athena Bitcoin Accused of Stealing ATM Source Code From AML".
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