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