‘Rogue’ police are destroying Bitcoin ATMs: Bitcoin Depot legal chief

Law enforcement is allegedly overstepping authority when using brute force to seize cash from Bitcoin ATMs, according to Chris Ryan, CLO of Bitcoin Depot.

In 2024, Americans lost around 247 million USD through crypto kiosks, marking a 31% increase from 2023 due to scams.

Bitcoin Depot insists that they should retain the cash involved in scams, as their involvement ends once the transaction is completed.

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