Bitcoin ATM fraudsters have reportedly scammed seniors out of a whopping $110 million, according to a report by the New York Post. These scammers are preying on vulnerable individuals, particularly the elderly, through the use of Bitcoin ATMs. The victims are being tricked into sending money to the fraudsters with promises of high returns, only to end up losing their hard-earned savings. This alarming trend highlights the need for increased awareness and vigilance when dealing with cryptocurrency transactions. It is important for individuals, especially seniors, to be cautious and verify the legitimacy of any investment opportunities before sending money.