Colorado Lawmakers Act Against Rising Cryptocurrency ATM Scams: New Regulations on the Horizon to Protect Consumers
As cryptocurrency gains popularity in the U.S., fraudulent activities linked to bitcoin ATMs are on the rise, particularly in Colorado. Scammers target unsuspecting individuals, exploiting their lack of knowledge about cryptocurrency. One victim reported losing $15,000 after falling for a scam involving a fake warrant from the sheriff’s office. The scammers pressured him into using ...