NYPD Enlists Bitcoin ATMs to Help Strangle Phone Scams

By CCN: Crypto-oriented phone scams are alive and well across the country. One sneaky tactic involves posing as law enforcement, a crime in and of itself,  and then blackmailing victims into paying Bitcoin to avoid legal troubles. Following a case of precisely that in Berkeley, California, New York City police are actively pursuing a broader strategy to combat such scams, and it involves participation from companies that operate Bitcoin ATMs. NYPD & Bitcoin Startups Crack Down on Phone Scams According to the city’s website, police are working with Bitcoin ATM providers “regarding their electronic scam messaging and texts and placing

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