The state of Connecticut is freaking out over how much crypto fraud has occurred through its growing network of bitcoin and digital currency ATMs. Thus far, millions of dollars have been stolen from multiple residents, many of whom are over the age of 60. Connecticut Is Concerned About Crypto Fraud The crypto space is largely unregulated, meaning whatever money gets stolen from one’s account will likely be gone forever unless law enforcement agents can jump on the matter...
Read More »Connecticut Police Get $23K in Stolen Crypto Funds Back
Members of a local police force in the state of Connecticut have helped a theft victim recover roughly $23,000 in stolen crypto funds. Police Are on the Case! The money was deposited under false pretenses to several nearby bitcoin ATMs after a complaint was filed in September of last year. The victim had allegedly been scammed into depositing the money into various machines around the state, and the case was noted by the Milford Police Department. It was stated that more...
Read More »Digital Currency Group (DCG): We’re in Good Shape
With the fall of FTX and so many other issues plaguing the digital currency world, many are wondering what the fate of the Digital Currency Group (DCG) in Connecticut will be. The organization is arguably one of the largest in the space, and its partner – crypto lending platform Genesis – has recently been hit with rumors that bankruptcy is on the horizon after halting all activity. DCG Says It’s Doing Fine Despite this, regulators and economists in Connecticut remain...
Read More »Connecticut Mansion Owner Is Selling Her House for BTC or ETH
A large, $6.5 million mansion on the coast of Connecticut is up for sale. What’s the big clincher? The seller is willing to accept cryptocurrencies like bitcoin or Ethereum, marking the first time something like this is being done in the area. A Mansion Owner Will Sell Her House for Crypto The property’s listing agent Kevin Sneddon affirms the media and any potential buyers that this is not a joke. The owner is serious about crypto offers, and all looking to trade their...
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