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Tag Archives: Law Enforcement

Bitcoin ATMs Are Being Used for More Fraudulent Activity

Bitcoin ATMs are largely becoming the centers of crypto fraud schemes, according to law enforcement agencies around the country. Bitcoin ATMs and the Problems They Attract For example, one woman from the city of Clive in Polk County, Iowa, was involved in a bitcoin ATM scam that saw her lose more than $6,600. She received a call from someone claiming to be part of the Polk County Sheriff’s office, and the caller said that if she didn’t go to her nearest crypto ATM...

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