Texas cops cut open crypto ATM to recover 25,000 USD lost to scam

In Texas, a sheriff’s department cut open a Bitcoin (BTC) ATM to recover 25,000 USD after a family was deceived by a scammer posing as a government official. Sheriff Chuck Havard obtained a warrant for this action, highlighting ongoing scrutiny around crypto ATMs and scams.

The incident reflects growing concerns about crypto ATM scams, with the FBI reporting a significant rise in related complaints and financial losses. Regulatory responses have emerged as more regions react to the increasing prevalence of these scams.

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