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Crypto ATM scams in Mass. stole millions last year. The Senate wants to ban the kiosks

Crypto ATM scams in Mass. stole millions last year. The Senate wants to ban the kiosks

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It’s Friday! CitySpace is hosting a live edition of the long-running “Mortified” show tonight. WBUR’s Morning Edition chatted with the co-producers for a preview of the always-funny, always-embarrassing show here.

But first, the news:

Coin con: The Massachusetts Senate moved yesterday to ban so-called crypto ATMs, amid concerns the unregulated kiosks are rampantly used for scams. In the last year alone, the FBI reported people had lost $389 million to such scams, including nearly $7 million at kiosks in Massachusetts, as The Boston Globe reported earlier this week. Right now, the…

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