(KNSI) — A bill banning cryptocurrency ATMs in Minnesota is headed to the governor’s desk.
Local law enforcement and financial experts have been sounding the alarm about cryptocurrency kiosks, saying they’ve become the latest tool scammers use to steal money from residents, particularly seniors.
The scam isn’t new, but the method is. The kiosks look like ordinary ATMs and can be found in gas stations and convenience stores. Victims are contacted with an urgent message, such as a grandchild in trouble or a warrant for their arrest, then directed to deposit cash into a kiosk. The money moves into an anonymous digital wallet and disappears within minutes.
Sartell Police Chief Brandon Silgjord and Jed Meyer, CEO of St. Cloud…






