Australian Police To Encounter Scam Involved with Crypto ATMs
The Australian Federal Police (AFP) has reached out to over 90 people to stop crimes that are involved with cryptocurrency ATMs. The AFP authorities have operated with the government agency AUSTRAC and found that many people who were using these ATMs were victims of scams and not the criminals.
Among them, one victim was a 77-year-old widow. She has lost her AUD 433,000 (about $281,947) in a dating scam. She had met a man online on a dating app who pretended to be from Belgium.
He tricked her into believing that she could make and earn money by investing in Bitcoin for two years. He showed her fake papers saying he had earned AUD 13,000 ($8,464) in a week. He advised her to take cash from a regular ATM and put it into a Bitcoin ATM.
In…
